Fintech Peer To Peer Lending Sharia as an Alternative Capital for MSME in Sidoarjo

Author:

Latifah Fitri Nur,Ardiani Ninda,Ariyanti Novia,Syafitri Mega Novita

Abstract

This study aims to explore the role of Islamic peer-to-peer lending fintech as an alternative solution to Sidarjo's MSME capital problem. As we know there are still many MSMEs still unbankable. So when capital issues arise, they are in trouble. Therefore, the existence of Sharia Fintech with P2P system is expected to be the solution to these problems. The study uses a qualitative case study method that collects secondary and primary data through interviews with Sidoarjo economic officials. The conclusion of this study shows that sharia peer-to-peer loan financing to MSME can improve his MSME's performance. Sidoarjo's MSMEs just lack understanding of Sharia Fintech P2P as an alternative to capital.   Highlights: Sharia Fintech P2P as a solution for MSME capital problem Qualitative case study using secondary and primary data Lack of understanding hindering MSMEs from accessing Sharia P2P finance. Keywords: Islamic peer-to-peer lending,Fintech,MSMEs,Sidoarjo,Sharia finance

Publisher

Universitas Muhammadiyah Sidoarjo

Subject

General Medicine

Reference14 articles.

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2. Suwarni, B. N. Indriyanto, E. R. Kaburuan, Parwito, E. Darwiyanto, and J. W. Simatupang, "Implementation SCRUM Method in Warehouse Receipt System Development," in 6th International Conference on Orange Technologies, ICOT 2018, 2018.

3. Ototritas Jasa Keuangan, "Statistik Fintech Indonesia per Juli 2021," Jakarta, 2021.

4. A. A. King and B. Baatartogtokh, "How Useful Is the Theory of Disruptive Innovation?," MITSloan Manag. Rev., vol. 57, no. 1, pp. 77–90, 2015.

5. Ototritas Jasa Keuangan, "Perusahaan fintech lending berizin dan terdaftar di OJK per November 2021," Jakarta, 2021.

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