Utilization of Financial Technology as a Source of Capital for Songket Craftsmen Group in Muara Penimbung Ulu, Ogan Ilir

  • Fida Muthia Universitas Sriwijaya
  • Agil Novriansa Universitas Sriwijaya
  • Asfeni Nurullah Universitas Sriwijaya
  • Hasni Yusrianti Universitas Sriwijaya
Abstract views: 152 , PDF downloads: 134
Keywords: Fintech, capital, songket craftsmen, micro, small medium entreprises (SMEs)

Abstract

This community service aims to provide knowledge and understanding to songket craftsmen regarding the use of fintech as a source of capital. The implementation of this community service is carried out using two methods, namely focus group discussions (FGD) and training. The training was conducted using lecture, discussion and simulation methods. Evaluation of activities for participants is carried out by giving pre-test and post-test. Monitoring of service activities will also be carried out to see the progress of the implementation of the material presented. From the results of service activities in Desa Muara Penimbung Ulu, it is known that currently songket craftsmen are still experiencing capital difficulties due to problems with the documents needed to apply for a capital loan. The majority of songket craftsmen also do not understand how to use fintech as their source of capital. Therefore, holding training related to fintech is important to increase public understanding regarding how to use and utilize it.

Downloads

Download data is not yet available.

References

Ahamed, M. M. (2016). Essays on bank profitability, stability and efficiency: the impact of financial inclusion and bank competition. London. https://doi.org/https://qmro.qmul.ac.uk/xmlui/handle/123456789/12512
Dewi, W. K., Yurniwati, Y., & Rahman, A. (2018). The Effect of Financial Literacy and Financial Access to the Performance of SMEs (Small and Medium Enterprises) in the Trade Sector of Padang City. International Journal of Progressive Sciences and Technologies (IJPSAT), 10(2), 371–381.
Hamzah, A., & Suhardi, D. (2019). Tingkat Literasi Keuangan dan Finansial Technology pada Pelaku Usaha Mikro, Kecil dan Menengah (UMKM) Kabupaten Kuningan. Jurnal Ilmiah Manajemen Fakultas Ekonomi, 5(Desember), 97–108.
Morgan, P. J., & Trinh, L. Q. (2020). FinTech and Financial Literacy in Vietnam. ADBI Working Paper Series (No.1154), (1154), 1–23.
Suryono, R. R., Budi, I., & Purwandari, B. (2021). Detection of fintech P2P lending issues in Indonesia. Heliyon, 7(4), e06782. https://doi.org/10.1016/j.heliyon.2021.e06782

PlumX Metrics

Published
2023-01-05
Section
Articles