IDENTIFICATION OF INTERNAL AND EXTERNAL FACTORS OF BUMDES IN THE CONTEXT OF INSTITUTIONAL STRENGTHENING TO OPTIMIZE THE UTILIZATION OF VILLAGE POTENTIAL

Abstract

Village-owned enterprises are significant institutions that utilize the economic potential of villages through community empowerment. However, in practice, BUMDES often face various challenges affecting their performance. This condition causes the role of BUMDES to be not optimal in improving its performance. BUMDES is one of the village institutions expected to accelerate the efforts of the village government to realize community welfare. Therefore, it is necessary to strengthen the institution of BUMDES based on internal and external factors that can affect its performance. The purpose of this study is to identify these factors. This research is a case study using an analytical descriptive method located in Sunyalangu Village, Karanglewas District, Banyumas Regency, with the research object being BUMDES in Sunyalangu Village. The research respondents consisted of managers and members of BUMDES and village governments. The respondents were determined based on purposive sampling. The data was analyzed qualitatively. The results of the study found several internal factors that are the strengths and weaknesses of BUMDES, as well as several external factors that are opportunities and threats for BUMDES. These factors can be the basis for determining policies to strengthen the institution of BUMDES. With a vital institution, it is hoped that BUMDES will be able to optimally utilize the various strengths and opportunities and minimize the various weaknesses and threats faced so that they can optimize their role in utilizing the Village's potential to realize the welfare of the village community.