Bank Gala as Alternative Poverty Reduction Solution in Aceh Barat Daya District (Abdya)

Publication Name : ADVANCED SCIENCE LETTERS

DOI : 10.1166/asl.2018.12055

Date : JAN 2018


The increasing number of poverty causes the low level of welfare in Aceh, especially in Aceh Barat Daya district, this condition would be important to be solved through various policies and instruments, one of them with micro economic empowerment. The government through its policies has various instruments to solve the problem, such as the establishment of "Bank Gala" as one of the instruments of economic empowerment of the community. The purpose of this study is to examine how Bank Gala is established in accordance with the regulations of Bank Indonesia and the Financial Services Authority as an alternative solution to poverty alleviation in Aceh Barat Daya District. This research was conducted in Aceh Province in Aceh Barat Daya district. This research was conducted for 5 months starting March-August 2017. This research uses Qualitative Analysis method. Primary data used interview technique (deep interview) and observation, secondary data through study of literature such as books, journals, documentation, government reports on the welfare of rural communities, Regulation of the Financial Services Authority and Bank Indonesia, discussion of academic leaders and non academics. The research design used is the development of type "Prototypical Studies." The results of this study are very useful and can be recommended to the stakeholders, in this case the government of Aceh Barat Daya, as input in the realization of the establishment of Bank Gala in accordance with the regulation of the establishment of Banks arranged by the Financial Services Authority. The government is required to use the financing instruments of Gala as a Banking product which will later become an alternative solution to poverty alleviation in Aceh Barat Daya district.

Type
Journal
ISSN
1936-6612
EISSN
1936-7317
Page
515 - 517