“…Cooperatives are used as one of the target objects for NER, which targets external and internal issues such as the regulatory framework, the origin of cooperatives, the diffusion of financial cooperatives, network arrangements, business models, banking relations, balancing the interests of members, tax treatment, efficiency, sustainability, mergers, acquisitions, failures, the benefits (and challenges) of FinTech, and the financial contribution of cooperatives to the real economy, including in times of crisis, are interesting to study, which is shown by several scientific contributions, such as the identification result of Kyazze et al ( 3 ) that finds predictors of social performance in cooperatives society from the perspective of developing countries, also explains the concern for cooperatives. Two factors in Yuliarmi et al ( 4 ) research, namely social capital and cooperative empowerment have a positive and significant effect on the welfare of the people who are members of cooperatives and social capital can strengthen the positive influence of cooperative empowerment on community welfare. Then, McKillop et al ( 5 ) reveal the important factors in cooperatives, namely, first, the structural and behavioral characteristics of financial cooperatives, and second, the performance and contribution to the real economy.…”