The Relevance of Wrddhi Grhiyad Concept as a Basis of Money Loan Agreement in the Transaction of Pakraman Village Credit Institution in Bali

Village credit institution obtains its philosophical roots from Hindu religion, as it is regulated in the book of Sarasamucaaya in part I (Purpose of life), sloka 15 and sloka 16. Sloka has its definition in which purpose to fulfill kama (happiness), artha (wealth) and moksa (freedom from the binding of happiness, worldly pleasures) as humanity purpose of life. It is a must that human has an obligation to remind that such needs should be fulfill along with dharma (religion). Pakraman village credit institution as Hindu business entity should make the value and adat/custom law as a guidelines in the operational system of village credit institution, include also in creating product and money loan agreement. The concept of Wrddhi Grhiyad should be included in the village credit institution operational system that based on awig awig. The essence of Wrddhi Grhiyad is a money interest that may obtain where the money has increased. Loan based on Wrddhi Grhiyad used based on the basis of catur warna based on type of work. The implementation of Wrddhi Grhiyad in its basis form stimulated by strong will to implement spiritual value in business life, yet if the concept of Wrddhi Grhiyad implemented in the Pakraman village credit institution operational system in Bali, it will fulfill the prosperity of life based on Dharma as it is called as Dharma Sidhiyarta. The fulfillment of prosperous society in Hindu concept known as Dandha Niti called as Catur Purusa Artha (dharma, artha, kama, moksa)