The Effect of Credit Disbursement Effectiveness on Profitability: The Moderating Role of Non-Performing Loans in PNM’s Mekaar Program (2016–2024)

Penulis

  • devika cherly Putrihadiningrum Universitas Nahdlatul Ulama Sidoarjo
  • Cynthia Eka Violita Universitas Nahdlatul Ulama Sidoarjo

DOI:

https://doi.org/10.58812/jekws.v4i01.3115

Kata Kunci:

Non performing loan, Profitability, Credit Disbursement, Woman Empowerment, Poverty Reduction

Abstrak

The purpose of this study is to analyze the effect of credit disbursement on the profitability of PT Permodalan Nasional Madani (PNM) and to examine the role of Non-Performing Loan (NPL) as a moderating variable in the relationship between credit disbursement and profitability at PNM. This study employs an explanatory quantitative approach to analyze the impact of credit disbursement on profitability, with NPL serving as a moderating variable, focusing on the Mekaar Program of PT PNM for the period 2016–2024. The analysis was conducted using Moderated Regression Analysis (MRA) in EViews. The results indicate that credit disbursement has a negative and significant effect on the profitability of PT Permodalan Nasional Madani (PNM), and Non-Performing Loan (NPL) negatively and significantly moderates this relationship, meaning that the higher the NPL, the weaker the impact of credit disbursement on profitability.

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Unduhan

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Diterbitkan

2026-01-31

Terbitan

Vol 4 No 01 (2026): Jurnal Ekonomi dan Kewirausahaan West Science

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Artikel

Lisensi

Hak Cipta (c) 2026 devika cherly Putrihadiningrum, Cynthia Eka Violita

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Artikel ini berlisensiCreative Commons Attribution-ShareAlike 4.0 International License.

Cara Mengutip

The Effect of Credit Disbursement Effectiveness on Profitability: The Moderating Role of Non-Performing Loans in PNM’s Mekaar Program (2016–2024). (2026). Jurnal Ekonomi Dan Kewirausahaan West Science, 4(01), 30-39. https://doi.org/10.58812/jekws.v4i01.3115