IMPLEMENTASI BOOTSTRAP FINANCING SEBAGAI ALAT PEROLEHAN MODAL PADA USAHA MIKRO, KECIL DAN MENENGAH DI SURABAYA

Abstract

This research aimed to find out the bootstrap financing technique and its implementation, which had been done by small micro medium enterprises (SMEc) in Surabaya as the intrument to gain working capital. Besides, it also to find out whether the technique was appropriate based on the literature. The research was qualitative. While, the instruments in data collection technique used observation, interview, and documentation. Moreover, the population was 4 SMEcs in Gayungan and Ketabang, Surabaya as respondents; with its industry namely printing (one) and food (three). Furthermore, the interview was taken for 3 months. The research result concluded 4 small micro medium enterprises in Surabaya overall did not know bootstrap financing technique as the instrument to gain working capital even though they actually used it for one of techniques, i.e. owner-related financing and resources. This technique was used in order to get the first capital which taken from their own money, business partner or even from their own family. Additionally, based on their opinion, they got much convenience from that technique. Besides, the technique was also efficient, effective, and had so many access in getting the capital.
Keywords: bootstrap financing, small micro medium enterprises, capital