Indonesian Journal of Cultural and Community Development
Vol 14 No 2 (2023): June
Training Materials

Sosialization Fintech Literacy Peer to Peer Lending Syariah as Sidoarjo MSME Capital
Sosialisasi Literasi Fintech Peer to Peer Lending Syariah sebagai Permodalan UMKM Sidoarjo


Article View
  • Fitri Nur Latifah*,
  • Novia Ariyanti,
  • Imam Fauji ,
  • Nuris Tiswanah
Fitri Nur Latifah
Universitas Muhammadiyah Sidoarjo, Indonesia *
Novia Ariyanti
Universitas Muhammadiyah Sidoarjo, Indonesia
Imam Fauji
Universitas Muhammadiyah Sidoarjo, Indonesia
Nuris Tiswanah
Universitas Muhammadiyah Sidoarjo, Indonesia

(*) Corresponding Author
Picture in here are illustration from public domain image or provided by the author, as part of their works
DOI: https://doi.org/10.21070/ijccd.v14i2.955
Published August 8, 2023
Keywords
  • Fintech,
  • MSMEs,
  • Peer-to-Peer Lending,
  • Financial Inclusion,
  • Indonesia
How to Cite
Latifah, F. N., Ariyanti, N., Fauji , I., & Tiswanah , N. (2023). Sosialization Fintech Literacy Peer to Peer Lending Syariah as Sidoarjo MSME Capital . Indonesian Journal of Cultural and Community Development, 14(2). https://doi.org/10.21070/ijccd.v14i2.955

Copyright (c) 2023 Fitri Nur Latifah, Novia Ariyanti, Imam Fauji , Nuris Tiswanah

Creative Commons License

This work is licensed under a Creative Commons Attribution 4.0 International License.

Abstract

This article explores the transformative role of financial technology (fintech) in Indonesia, specifically focusing on micro, small, and medium enterprises (MSMEs) in Sidoarjo. While fintech presents a promising avenue for MSME growth by providing access to banking services and capital, its adoption is hindered by limited MSME familiarity with fintech tools. In response, this study introduces the Peer-to-Peer Lending Sharia scheme as a viable alternative capital source for nonbankable MSMEs. The research employs a multifaceted approach encompassing awareness campaigns and educational initiatives to boost MSME fintech literacy. Through a comprehensive evaluation, this intervention reveals improved understanding and acceptance of fintech solutions among MSMEs. Consequently, the article underscores the significance of nurturing fintech literacy in enhancing financial inclusion, promoting sustainable MSME expansion, and fostering economic resilience in Indonesia.

Highlights:

  • Empowering Nonbankable MSMEs: Explore the impact of fintech adoption, particularly Peer-to-Peer Lending, in enabling growth for traditionally underserved micro, small, and medium enterprises (MSMEs) in Indonesia.

  • Enhancing Fintech Literacy: Investigate the efficacy of literacy initiatives aimed at increasing MSMEs' understanding and utilization of fintech tools, focusing on Peer-to-Peer Lending schemes, to overcome barriers in adoption.

  • Sustainable Economic Resilience: Highlight the potential of improved MSME fintech literacy to foster financial inclusion, promote sustainable business expansion, and contribute to economic resilience within local communities in Sidoarjo, Indonesia.

Keywords: Fintech, MSMEs, Peer-to-Peer Lending, Financial Inclusion, Indonesia

Article View

References

  1. FN Latifah, MR Maika, and M. Masruchin, "Keberlanjutan Usaha Batik Khas Desa Kenongo Melalui Less Contact Transaction ( Transaksi Minim Kontak)," dalam The 2st National Conference on Education, Social Science, and Humaniora "Potensi Penelitian dan Pengabdian di Era Baru Biasa", 2020, vol. 2, hlm. 37-41.
  2. Y. Maulana dan H. Wiharno, "Fintech P2P Lending dan Pengaruhnya Terhadap Pembangunan Ekonomi Indonesia," Indones. J. Strategi. Manag., vol. 5, no. 1, 2022.
  3. J. Sulaksono, “Peranan Digital Marketing Bagi Usaha Mikro, Kecil, Dan Menengah (Umkm) Desa Tales Kabupaten Kediri,” Gener. J., vol. 4, no. 1, hlm. 41-47, 2020.
  4. Darmansyah, BA Fianto, A. Hendratmi, dan PF Aziz, "Faktor-faktor yang menentukan niat perilaku untuk menggunakan teknologi keuangan syariah: Tiga model bersaing," J. Islam. Mark., vol. 12, no. 4, hlm. 794-812, 2020.
  5. R. Mulyana, “The future of fintech In Light Covid 19,” Bandung, 2019.
  6. BRIK Siharis, "Pengaruh Financial Technology (Fintech) Melawan Perkembangan UMKM DI Kota Magelang," J. Pros. Sem. Nas. Dan Call Pap., hlm. 347-356, 2019.
  7. MM Syafitri dan FN Latifah, “Fintech Peer To Peer Lending Berbasis Syariah Sebagai Alternatif Permodalan UMKM Sidoarjo,” J. Ilm. Ekon. Islam, vol. 9, no. 01, hlm. 1438-1447, 2023.
  8. FN Latifah, “Manajemen Bisnis Ibu Rumah Tangga yang Bankable di Desa Kenongo,” dalam Prosiding Community Development, 2018, vol. 2, hlm. 139-144.
  9. MA Laldin dan H. Furqani, "Fintech dan keuangan Islam," Fintech Islam. Keuangan, hlm. 113-119, 2019.
  10. Iskandar, E., Ayumiati, A., & Katrin, N. (2019). Analisis Prosedur Pembiayaan dan Manajemen Risiko pada Perusahaan Peer To Peer (P2p) Lending Syariah di Indonesia. Jurnal Riset Akuntansi Syariah, 1(2), 1-28.
  11. Widuri, R., Kholil, M., Nurbani, RGK, & Hendri, ZZZ (2020, Maret). Penggunaan unified theory of acceptance dan penggunaan teknologi dalam adopsi M-payment. Dalam Prosiding Konferensi Internasional tentang Teknik Industri dan Manajemen Operasi (hlm. 943-951).
  12. I. Muzdalifa, IA Rahma, and BG Novalia, "Peran Fintech Dalam Meningkatkan Keuangan Inklusif Pada UMKM Di Indonesia (Pendekatan Keuangan Syariah)," J. Masharif al-Syariah J. Ekon. dan Perbank. Syariah, vol. 3, no. 1, 2018.