Implementation Of Green Economy Through Green Financing For Tofu Smes In Sumbermulyo Village
DOI:
https://doi.org/10.37638/bima.6.1.45-58Keywords:
Green Economy, Green Financing, MSMEs, Sustainability, Sumbermulyo Village, 3RAbstract
Purpose: This study aims to analyze the implementation of green economy through green financing in tofu MSMEs in Sumbermulyo Village, Jogoroto District. The focus is on the role of green financing in supporting small business sustainability. Methodology: A descriptive qualitative approach was used with participatory observation techniques and semi-structured interviews with 10 MSME players. Results: It was found that 50% of the actors have implemented green economy principles, such as utilizing waste as animal feed. However, only 10% were aware of green financing schemes, due to lack of socialization and access to information. Findings: The practice of the 3Rs (Reduce, Reuse, Recycle) has had a positive impact in reducing pollution, although challenges such as waste odor and limited capital still hinder. Originality: This study is one of the first to discuss green financing in the context of rural tofu MSMEs, by offering an environmentally friendly community financing model. Its contribution lies in the contextual analysis of the rarely researched local food sector. Conclusion: The integration of green economy and green financing in tofu MSMEs has the potential to promote sustainability, but requires institutional support. Type of paper: Empirical research Paper.
References
Akomea-Frimpong, I., Adeabah, D., Ofosu, D., & Tenakwah, E. J. (2022). A Review Of Studies On Green Finance Of Banks , Research Gaps And Future Directions. Journal Of Sustainable Finance & Investment, 0(0), 1–24. Https://Doi.Org/10.1080/20430795.2020.1870202
Al-Taai, S. H. H. (2021). Green Economy And Sustainable Development Green Economy And Sustainable Development. Https://Doi.Org/10.1088/1755-1315/779/1/012007
Anwar, M. (2022). Green Economy As A Strategy In Dealing With Economic And Multilateral Problems. Journal Of Tax And State Finance, 343–356.
Arin Setiyowati, Yuana Tri Utomo, M. Y., & Ivan Rahmat Santoso, Sulistyowati, Eni Haryani Bahri, Erni Zulfa Arini, Sutrisno, Ageung
Suriabagja, Husni Mubarrak, A. P. (2023). Green Economy And Sustainable Development (M. E. Rahmat Kurnia, S.E. (Ed.); Cetakan Pe, Issue March). Az-Zahra Media Society Member.
Auliya, F. N., & Nurhadi. (2023). Towards a Sustainable Green Economy: Challenges And Opportunities For Long-Term Environmental And Economic Stability. Journal Of Community Service Nusantara (Pengabmas Nusantara), 5(2), 97–102. Https://Doi.Org/Https://Doi.Org/10.57214/Pengabmas.v5i2.304
Ayumsari, R. (2022). The Role Of Information Documentation On The Sustainability Of Student Organization Activities. Journal Of Library And Information Science, 6(1), 63–78.
Baharudin, B. S. (2023). The Effect Of Green Finance Implmentation On Firm Value In The Banking Industry In Indonesia.
Berensmann, K., & Lindenberg, N. (2016). Green Finance : Actors , Challenges And Policy Recommendations. 23. Https://Ssrn.Com/Abstract=2881922
Dewi, L. S. (2024). The Role Of Banking In Supporting Green Economy Through Green Financing Program. 161–168.
Dharmawan, M. A. (2019). The Effectiveness Of Non-Celebrity Endorsement In Building Brand Image Of Micro Small And Medium Enterprises (Umkm) Products In Makassar City.
Herdijani, D. . (2023). Analysis Of The Implementation Of Green Finance In Financing Schemes For Micro, Small And Medium Enterprises (Umkm) In Cipamokolan Urban Village, Bandung City.
Moleong, L. J. (2018). Qualitative Research Methodology (Revised Edition). Pt. Remaja Rosdakarya.
Novindri, M. R., Hidayani, S., & Lubis, E. Z. (2020). Juncto : Journal Of Legal Science. Journal Legal Science, 2(32), 60–67. Http://Jurnalmahasiswa.Uma.Ac.Id/Index.Php/Juncto
Novitasari, A. T. (2022). Umkm Contribution To Economic Growth In The Digitalization Era Through The Role Of Government. Journal Of Applied Business And Economic (Jabe), 9(2), 184–204.
Ozili, P. K. (2022). Green Finance Research Around The World : a Review Of Literature. International Journal Of Green Economics, June. Https://Doi.Org/10.1504/Ijge.2022.10048432
Pradani, R. F. E., Amalia, L. E., Ismawati, H., & Holifah, I. (2023). Umkm Tofu In The Tofu Hamlet Of Situbondo District. Journal Of Economic Education (Jupe), 11(1), 19–25. Https://Doi.Org/Https://Doi.Org/10.26740/Jupe.v11n1.p1 9-25
Rizka Zulfikar, Stp., M. M., & Prihatini Ade Mayvita, S.E., M.M. Purboyo, S.E., M. M. (2019). Introduction To Green Economy (First Print). Deepublish.
Sa’Adah, L. (2021). Economic And Bussiness Research Methods (Lailatus (Ed.); First Printing). Lppm Universitas Kh. A. Wahab Hasbullah.
Sa’Adah, L. (2023). Qualitative And Quantitative Analysis (Sulaiman (Ed.); First Printing). Cv. Mitra Ilmu.
Sarfiah, S. N., Atmaja, H. E., & Verawati, D. M. (2019). Umkm As A Pillar Of Building The Nation'S Economy. Journal Rep (Economic Development Research), 4(1), 137–146. Https://Doi.Org/Http://Dx.Doi.Org/10.31002/Rep.v4i2.1952 Sudati
Sartika, R. (2023). The Effect Of Liquidity And Green Financing On Financing Risk Study At Pt Bank Muamalat Tbk, Periode 2013-2022.
Shaumya, K., & Arulrajah, A. A. (2016). Measuring Green Banking Practices : Evidence From Sri Lanka. 999–1023.
Situmorang, S. H., & Lutfi, M. (2021). Data Analysis For Management And Business Research. 3 Rd(July).
Siyoto, Skm., M.Kes, D. S., & Sodik, M.A, M. A. (2015). Basic Research Methodology. Literacy Media Publishing. Https://Books.Googleusercontent.Com/Books/Content?Req=Akw5Qaebhc8xxgy-Bdqj6zoyzdshkap_Tzh57ddmxfyjkrxowp-u3757Pyw6Mxxpnqfpssri25rlckqbfuirkbwzfe_Bsdn3ggmofqoahxbstttxjq4ywij5Gur5pmlynae6b2sle9xgthrjbtvs9wrk3bjmanq8Xwo1Ytblvgb5Js19Zyqra0Rebbd_Khpf273Yzugza
Sriwijaya, U. (2020). The Art Of Managing Data: Application Of Triangulation Of Techniques, Sources And Time In Social. Journal Of Historical Education Studies, Research & Development, 5(2), 146–150. Https://Doi.Org/Https://Doi.Org/10.31764/Historis.Vxiy.3432
Sugiyono. (2017). Quantitative, Qualitative, And R&D Research Methods. Alfabeta.
Uddin, M. N. (2016). Shari ’ Ah Based Banking And Green Financing : Evidence From Bangladesh. Journal Of Business And Management (Iosr-Jbm), 18(1), 79–90. Https://Doi.Org/10.9790/487X-18137990
Uygur, A., Musluk, B. Y., & Ilbey, N. (2015). Examining The Influence Of Green Management On Operation Functions : Case Of A Business. Research Journal Of Business And Management, 2(3), 348–365. Https://Doi.Org/10.17261/Pressacademia.2015312985
Widiyanti, Kiranawati, T. M., & Churiyah, M. (2022). Application Of Technological Innovation Of Smart Tofu Processing Machine Solar Cell Energy For Tofu Entrepreneurs In Wates Village, Kediri, East Java. 3(April 2022), 58–61.
Yuliawati, T., Rani, A. M., & Assyofa, A. R. (2015). Effectiveness Of Green Financing Implementation As An Alternative To Sustainable Financing For Msmes In The Footwear Processing Industry Sector In Bandung City. 152–162.
Downloads
Published
Issue
Section
License
An author who publishes in the BIMA JOURNAL: Business, Management, and Accounting Journal agrees to the following terms:
Author retains the copyright and grants the journal the right of first publication of the work simultaneously licensed under the Creative Commons Attribution-ShareAlike 4.0 License that allows others to share the work with an acknowledgement of the work's authorship and initial publication in this journal
Submission of a manuscript implies that the submitted work has not been published before (except as part of a thesis or report, or abstract); that it is not under consideration for publication elsewhere; that its publication has been approved by all co-authors. If and when the manuscript is accepted for publication, the author(s) still hold the copyright and retain publishing rights without restrictions. For the new invention, authors are suggested to manage its patent before published. The license type is CC-BY-SA 4.0.
BIMA JOURNAL: Business, Management and Accounting is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.
You are free to:
Share — copy and redistribute the material in any medium or format
Adapt — remix, transform, and build upon the material
for any purpose, even commercially.
The licensor cannot revoke these freedoms as long as you follow the license terms.
Under the following terms:
Attribution — You must give appropriate credit, provide a link to the license, and indicate if changes were made. You may do so in any reasonable manner, but not in any way that suggests the licensor endorses you or your use.
ShareAlike — If you remix, transform, or build upon the material, you must distribute your contributions under the same license as the original.
- No additional restrictions — You may not apply legal terms or technological measures that legally restrict others from doing anything the license permits.
Notices:
- You do not have to comply with the license for elements of the material in the public domain or where your use is permitted by an applicable exception or limitation.
- No warranties are given. The license may not give you all of the permissions necessary for your intended use. For example, other rights such as publicity, privacy, or moral rights may limit how you use the material.


















