Cooperative’s identity in Women's Cooperation Activities with Joint Responsibility (Tanggung Renteng) system in Indonesia

In Indonesia, a savings and loan cooperative with a joint responsibility (tanggung renteng) system is a cooperative that was built starting from arisan which was later developed into a savings and loan cooperative system. Cooperative members are divided into groups with a mechanism for admitting members based on deliberation. The joint responsibility system that has been implemented by most women's cooperatives can be a means of improving the economy as well as education. The implementation of joint responsibility in saving and loan activities should be in line with the application of cooperative identity which includes the definition, values and principles of cooperatives. The purpose of this study is to determine the application of values and principles of cooperative identity in savings and loan units with a joint responsibility system, as well as to find out the application, problems and solutions in the joint responsibility system in savings and loan units in women's cooperatives. The results showed that the cooperative identity has been implemented in the activities of the women's cooperative savings and loan unit that use a joint responsibility system. With this system, savings and loan units are also able to reduce non-performing loan by up to 0%.