COMPARISON OF THE FINANCIAL PERFORMANCE OF MICRO AND SMALL BUSINESSES BEFORE AND AFTER GET FINANCIAL ASSISTANCE AT MICRO AND SMALL ENTERPRISES OF JEKA MEMBERS

Karim Budiono; Yulia  Anggraeni; Ratih  Rachmawati; Amar  Subagyo

doi:10.31967/abm.v5i1.717

Karim Budiono Institut Teknologi dan Sains Mandala
Yulia Anggraeni Institut Teknologi dan Sains Mandala
Ratih Rachmawati Institut Teknologi dan Sains Mandala
Amar Subagyo Politeknik Negeri Jember

DOI: https://doi.org/10.31967/abm.v5i1.717

Keywords: Financial Performance, Liquidity Ratio, Slovability, Profitability, Activity

Abstract

This study aims to determine whether there is a significant difference between the financial performance of JEKa member SMEs before and after receiving financial assistance. The population in this study were 109 members of SMEs of JEKa Jember. The data analysis method used were a descriptive quantitative percentage and the Manova test. The results showed that there was a significant difference between the financial performance of SMEs members of JEKa Jember before and after receiving financial assistance interms of Liquidity Ratios (CRR, QR, CR), Solvency Ratios (DTAR, DER), Rentability Ratios (PM, NPM, GPM, ROI, ROA) and there is no significant difference between the financial performance of JEKa member SMEs before and after receiving financial assistance in terms of Activity Ratios (ITR, RTR, FATO, TATO)