Implementation Of Green Economy Through Green Financing For Tofu Smes In Sumbermulyo Village

Authors

  • Lailatus Sa’adah Universitas KH. A Wahab Hasbullah
  • Famung Gangga Universitas KH. A Wahab Hasbullah

DOI:

https://doi.org/10.37638/bima.6.1.45-58

Keywords:

Green Economy, Green Financing, MSMEs, Sustainability, Sumbermulyo Village, 3R

Abstract

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

2025-06-30

Issue

Section

Reasearch Paper