The Effect of Social Capital on Customer’s Repayment Rate at Islamic Microfinance Institution
<p><em>The potency of Micro and Small Enterprises (MSEs) in Indonesia which is great, is not directly proportional to the ease of getting capital from formal financial institutions such as banks because it is not bankable. Meanwhile, microfinance institutions (MFIs) that provide financin...
| Main Authors: | , |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
Syarif Hidayatullah State Islamic University of Jakarta
2016-07-01
|
| Series: | Al-Iqtishad: Jurnal Ilmu Ekonomi Syariah |
| Subjects: | |
| Online Access: | http://journal.uinjkt.ac.id/index.php/iqtishad/article/view/2631 |
| _version_ | 1818842385402036224 |
|---|---|
| author | Jaenal Effendi Annisa Rindra Utami |
| author_facet | Jaenal Effendi Annisa Rindra Utami |
| author_sort | Jaenal Effendi |
| collection | DOAJ |
| description | <p><em>The potency of Micro and Small Enterprises (MSEs) in Indonesia which is great, is not directly proportional to the ease of getting capital from formal financial institutions such as banks because it is not bankable. Meanwhile, microfinance institutions (MFIs) that provide financing to the MSEs are currently thriving. This condition exposes the existence of factors that cause the MFIs continuesly providing financing to MSEs which are not bankable. This research aims to analyze the effect of social capital toward the repayment rate of Islamic MFIs’ customers. The methods used in this research was the logistic regression. The results showed variable relationship with BMT employees, relations with other customers, and Islamic recitation had positive and significant effect toward the repayment rate of the customer. While recommendations, membership status, and travel time from home to the BMT had negative and significant effect. Variable outside the social capital indicator which is income rate had no significant effect.</em></p><p>DOI: <a href="http://dx.doi.org/10.15408/aiq.v8i2.2631">10.15408/aiq.v8i2.2631</a></p> |
| first_indexed | 2024-12-19T04:41:08Z |
| format | Article |
| id | doaj.art-2600f5ba4af3414db64fad267787655d |
| institution | Directory Open Access Journal |
| issn | 2087-135X 2407-8654 |
| language | English |
| last_indexed | 2024-12-19T04:41:08Z |
| publishDate | 2016-07-01 |
| publisher | Syarif Hidayatullah State Islamic University of Jakarta |
| record_format | Article |
| series | Al-Iqtishad: Jurnal Ilmu Ekonomi Syariah |
| spelling | doaj.art-2600f5ba4af3414db64fad267787655d2022-12-21T20:35:36ZengSyarif Hidayatullah State Islamic University of JakartaAl-Iqtishad: Jurnal Ilmu Ekonomi Syariah2087-135X2407-86542016-07-018222724210.15408/aiq.v8i2.26312547The Effect of Social Capital on Customer’s Repayment Rate at Islamic Microfinance InstitutionJaenal Effendi0Annisa Rindra Utami1Bogor Agricultural UniversityBogor Agricultural University<p><em>The potency of Micro and Small Enterprises (MSEs) in Indonesia which is great, is not directly proportional to the ease of getting capital from formal financial institutions such as banks because it is not bankable. Meanwhile, microfinance institutions (MFIs) that provide financing to the MSEs are currently thriving. This condition exposes the existence of factors that cause the MFIs continuesly providing financing to MSEs which are not bankable. This research aims to analyze the effect of social capital toward the repayment rate of Islamic MFIs’ customers. The methods used in this research was the logistic regression. The results showed variable relationship with BMT employees, relations with other customers, and Islamic recitation had positive and significant effect toward the repayment rate of the customer. While recommendations, membership status, and travel time from home to the BMT had negative and significant effect. Variable outside the social capital indicator which is income rate had no significant effect.</em></p><p>DOI: <a href="http://dx.doi.org/10.15408/aiq.v8i2.2631">10.15408/aiq.v8i2.2631</a></p>http://journal.uinjkt.ac.id/index.php/iqtishad/article/view/2631logistic regressionmicrofinance institutionrepayment ratesocial capital |
| spellingShingle | Jaenal Effendi Annisa Rindra Utami The Effect of Social Capital on Customer’s Repayment Rate at Islamic Microfinance Institution Al-Iqtishad: Jurnal Ilmu Ekonomi Syariah logistic regression microfinance institution repayment rate social capital |
| title | The Effect of Social Capital on Customer’s Repayment Rate at Islamic Microfinance Institution |
| title_full | The Effect of Social Capital on Customer’s Repayment Rate at Islamic Microfinance Institution |
| title_fullStr | The Effect of Social Capital on Customer’s Repayment Rate at Islamic Microfinance Institution |
| title_full_unstemmed | The Effect of Social Capital on Customer’s Repayment Rate at Islamic Microfinance Institution |
| title_short | The Effect of Social Capital on Customer’s Repayment Rate at Islamic Microfinance Institution |
| title_sort | effect of social capital on customer s repayment rate at islamic microfinance institution |
| topic | logistic regression microfinance institution repayment rate social capital |
| url | http://journal.uinjkt.ac.id/index.php/iqtishad/article/view/2631 |
| work_keys_str_mv | AT jaenaleffendi theeffectofsocialcapitaloncustomersrepaymentrateatislamicmicrofinanceinstitution AT annisarindrautami theeffectofsocialcapitaloncustomersrepaymentrateatislamicmicrofinanceinstitution AT jaenaleffendi effectofsocialcapitaloncustomersrepaymentrateatislamicmicrofinanceinstitution AT annisarindrautami effectofsocialcapitaloncustomersrepaymentrateatislamicmicrofinanceinstitution |