The Role of the Family Hope Program in Fostering Entrepreneurial Spirit in Bima

Authors

  • Muhammad Rizkan Department of Entrepreneurship, Universitas Muhammadiyah Bima, Nusa Tenggara Barat, Indonesia
  • Amanda Department of Entrepreneurship, Universitas Muhammadiyah Bima, Nusa Tenggara Barat, Indonesia
  • Indah Purnamasari Department of Entrepreneurship, Universitas Muhammadiyah Bima, Nusa Tenggara Barat, Indonesia
  • Adinda Riska Saputri Department of Entrepreneurship, Universitas Muhammadiyah Bima, Nusa Tenggara Barat, Indonesia

DOI:

https://doi.org/10.31150/ajebm.v7i8.2912

Keywords:

Family Hope Program, Entrepreneurship, Poverty Alleviation, Bima City, Market Access

Abstract

This study explores the potential of the Family Hope Program (FHP) in fostering entrepreneurship among underprivileged families in Bima City, Indonesia, as a means of poverty alleviation. The FHP, a government initiative, provides financial assistance to improve living standards, but challenges such as limited capital, market access, and distribution channels hinder entrepreneurial efforts. Using thematic analysis, the research examines how the FHP influences entrepreneurial development through training, seminars, mindset shifts, and support mechanisms. Findings show that FHP effectively encourages beneficiaries to adopt an entrepreneurial mindset, enhancing their potential for self-reliance. The study highlights the need for targeted interventions to overcome capital and market access barriers, contributing to poverty reduction efforts.

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Published

2024-09-09

How to Cite

Rizkan, M., Amanda, Purnamasari, I. ., & Saputri , A. R. . (2024). The Role of the Family Hope Program in Fostering Entrepreneurial Spirit in Bima. American Journal of Economics and Business Management, 7(8), 540–551. https://doi.org/10.31150/ajebm.v7i8.2912

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Articles