FINANCING PROCEDURES AT THE AHSAN BAROKAH MADANI SHARIA SAVINGS AND LOAN AND FINANCING COOPERATIVE, CILACAP REGENCY

Abstract

In facing the dynamics of the world of work, social, culture, and rapid technological developments, the government through the Ministry of Higher Education, Science, and Technology launched the Independent Campus Learning Internship Program (MBKM). This program aims to equip students with various relevant skills and knowledge to improve their readiness to enter the world of work. The author chose to take part in the MBKM internship program for one semester at the Sharia Savings and Loans and Financing Cooperative (Kspps) Ahsan Barokah Madani, located in Cilacap. During the internship, the author was involved in financing administration and reviewed various financing procedures applied, including Murabahah, Musyarakah, Mudharabah, and Ijarah/Multijasa Financing. This report focuses on the analysis of financing procedures applied at Kspps Ahsan Barokah Madani with the aim of evaluating their effectiveness and providing recommendations to improve service quality. A deep understanding of these procedures is very important because they affect the welfare of cooperative members and the sustainability of their businesses. Through this research, it is hoped that existing obstacles can be identified and strategic steps to improve the financing system, so that cooperatives can contribute more to supporting sharia financial inclusion and sustainable economic growth.