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Real sector economy has an important role to increase a country's economic <br /> <br /> <br /> <br /> <br /> growth. Not only big enterprises, that give contributions to real sector economy, <br /> <br /> <br /> <br />...
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| Format: | Final Project |
| Language: | Indonesia |
| Online Access: | https://digilib.itb.ac.id/gdl/view/18756 |
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| Institution: | Institut Teknologi Bandung |
| Language: | Indonesia |
| Summary: | Real sector economy has an important role to increase a country's economic <br />
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growth. Not only big enterprises, that give contributions to real sector economy, <br />
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but also micro-small enterprises do. Unfortunately, many of them have a similar <br />
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problem, namely capital, and they are not eligible to acquire capital access from <br />
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conventional bank. Hence, we need to apply an micro-credit system which can be <br />
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implemented on low-income traders at a local traditional market without interest- <br />
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based payment, it is commonly named Profit-Loss Sharing System. Implementing <br />
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Profit-Loss Sharing Model needs some assumption to be fulfilled first, which are <br />
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following. <br />
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• The loan is given to borrowers who already have trading activities, so this <br />
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is not the initial capital of their shops. Therefore, the average of trader's <br />
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daily profit before joining this credit scheme can be recorded. <br />
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• The borrowers should be trustworthy in reporting their daily profit. <br />
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• The loan is spent to improve their trading activity not at personal consum- <br />
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able goods. <br />
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In this final report, Monte-Carlo Simulation will be done by applying various <br />
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type of trader's net income data to Profit-Loss Sharing Model for determining <br />
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the appropriate amount of capital and the length of period which results the <br />
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benefit for both investor and the borrower (trader). |
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