Sensitivitas Investasi Usaha Mikro Terhadap Perubahan Suku Bunga Kredit
Keywords:
loan interest rates, investment interest, microenterprises, microfinance institutions, debt aversionAbstract
Credit interest rates influence investment interest among microenterprises through the cost of capital and risk perception. Microenterprises operate on thin profit margins, making them highly sensitive to changes in interest rates. An increase in interest rates can render profitable investments unfeasible in their eyes. Debt aversion exacerbates the negative impact of high interest rates. Microfinance institutions face a trade-off between operational sustainability and interest rate affordability. Financial education and business mentoring can boost investment interest even when interest rates are relatively high. Interest rate subsidies must be carefully designed to avoid creating dependency and market distortions. An integrated approach combining financing, training, and mentoring yields better results. Long-term sustainability requires enhancing the ability of microenterprises to generate income through improvements in the business climate.
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