DAMPAK RESTRUKTURISASI PINJAMAN UMKM DARI PEMERINTAH DAN DALAM MEMPERCEPAT PEMULIHAN WIRAUSAHA MUDA DI BALI PADA ERA PANDEMI (STUDI KASUS DI LEMBAGA PERKREDITAN DESA (LPD) SIBETAN, KECAMATAN BEBANDEM, KABUPATEN KARANGASEM)

Abstract

This research aims to explain the credit restructuring program and the implementation of credit restructuring for MSMEs affected by Covid-19. This research is a qualitative descriptive research, with data sources obtained from observation, interviews, documentation and literature study. The research results show that demand for banking credit during the COVID-19 pandemic at LPD Sibetan has decreased. This study also explains the results of implementing government policies to combat the impact of Covid-19 with the MSME Debtor Restructuring Program at the Sibetan Village Credit Institution (LPD), Uangdem District, Karangasem Regency. Implementation of credit restructuring at LPD Sibetan, Burdendem District, Karangasem Regency, namely: reducing interest rates, extending the term, reducing principal, reducing debt interest, adding capital/credit facilities and converting credit/funding into temporary capital participation. As a result of the implementation of the restructuring plan, the LPD debtor of Sibetan Village issued a restructuring policy or relief given based on data which researchers describe as a 12 month extension which is expected to end in 2026 to 2027 as a countercyclical policy to the impact of the spread of the 2019 corona virus disease.