Financial Technology and Strengthening Women's Business in Digital Era: a Digital Sociology Perspective Overview (Case Study of Women Group Partners in the P2P Lending Platform in Babakan Village, Ciseeng District, Bogor Regency)

  • Elia Damayanti Institut Pertanian Bogor
  • Lala Mulyowibowo Kolopaking
  • Sofyan Sjaf
Keywords: fintech, social capital, women’s entrepreneurship

Abstract

This study aimed to analyze women who used fintech specialy P2P Lending. Basically, P2P loans provided convenience for women both in providing capital assistance and business development. After all, in reality fintech didn’t have an impact on the development of women's businesses in various countries. The purpose of this study was to identified why fintech didn’t have an impact on the the development of women's business in rural areas. This study was conducted used quantitative methods supported by qualitative data analyze. This study was conducted in Ciseeng District, Bogor Regency, West Java. The results of the study showed that women in Babakan village can’t used technology well, men control family decision-making in majority, business ownership wasn’t a self-owned business;  hungers for money with consumptive culture in loan group. Members have more than one loan, startups are only providers of capital that are not accompanied by training, guidance and business consulting.

References

Badan Pusat Statistik. 2015. “Jumlah Perusahaan Industri Mikro Dan Kecil Menurut Provinsi 2013 – 2015.” Retrieved November 2, 2018 (https://www.bps.go.id/dynamictable/2015/11/22/1004/jumlah-perusahaan-industri-mikro-dan-kecil-menurut-provinsi-2010-2017.html).

Bakesha, S. 2009. ICTs as Agents of Change: A Case of Grassroots Women Entrepreneurs in Uganda." Jurnal African Women and ICTs: Investigating Technology, Gender and Empowerment. New York: Zed Books.

Castells, Manuel. 2010. The Rise of the Network Society. 2nd ed. West Sussex: Wiley-Blackwell.

Chen, Dongyu, Xiaolin Li, and Fujun Lai. 2017. “Gender Discrimination in Online Peer-to-Peer Credit Lending: Evidence from a Lending Platform in China.” Electronic Commerce Research 17(4):553–83.

Coleman, J. S. 1988. “Human Capital and Social Capital.” The American Journal of Sociology 94(1988):S95–120.

Damsar and Indrayani. 2009. Pengantar Sosiologi Ekonomi. Jakarta: Prenadamedia Group.

DiMaggio, Paul, Eszter Hargittai, W. Russell Neuman, and John P. Robinson. 2001. “Social Implications of the Internet.” Annual Review of Sociology 27:307–36.

Eriyatno and Lala M. Kolopaking. 2019. Platform Agrifin 4.0. Bogor: IPB Press.

Hassanin, Leila. 2009. “An Alternative Public Space for Women: The Potential of ICT.” Pp. 76–87 in African Women and ICTs: Creating New Spaces with Technology, edited by I. Buskens and A. Webb. New York: Zed Books.

Hastuti, Sudarno Sumarto, Asep Suryahadi, Sri Kusumastuti Rahayu, Bambang Sulaksono, and Vita Febriani. 2003. Buku II : Upaya Penguatan Usaha Mikro Dalam Rangka Peningkatan Ekonomi Perempuan (Sukabumi, Bantul, Kebumen, Padang, Surabaya, Makassar). Jakarta: Lembaga Penelitian SMERU.

Kasmir. 2003. Manajemen Perbankan. Jakarta: PT Raja Grafindo Persada.

Kementerian Komunikasi dan Informatika Republik Indonesia. 2019. “Kemenkop UKM: 3,79 Juta UMKM Sudah Go Online.” Retrieved November 2, 2018 (https://www.kominfo.go.id/content/detail/11526/kemenkop-ukm-379-juta-umkm-sudah-go-online/0/sorotan_media).

Kementerian Perindustrian Republik Indonesia. 2014. “Jumlah Perusahaan Industri Di Indonesia Berdasarkan Skala Usaha.” Retrieved November 2, 2018 (https://kemenperin.go.id/jawaban_attachment.php?id=6000&id_t=21781).

Kementerian Perindustrian Republik Indonesia. 2019. “Kontribusi UMKM Naik.” Retrieved November 2, 2018 (https://kemenperin.go.id/artikel/14200/Kontribusi-UMKM-Naik).

Lestari, Novia Indah and Ivanovich Agusta. 2013. “Analisis Gender Dalam Program Simpan Pinjam Untuk Kelompok Perempuan (SPP).” Sodality: Jurnal Sosiologi Pedesaan 1(2):112–30.

Lupton, Deborah. 2015. Digital Sociology. New York: Routledge.

Melesse, Martha and Jemimah Njuki. 2018. Exploring Fintech Solutions for Women. Ottawa: Genesis Analytis.

Nugroho, H. 2001. Uang, Rentenir Dan Hutang Piutang Di Jawa. Jakarta: Pustaka Pelajar Offset.

Sajogyo, Pudjiwati. 1985. Sosiologi Pembangunan. Jakarta: IKIP.

Solano, Giacomo and Gerrit Rooks. 2018. “Social Capital of Entrepreneurs in a Developing Country: The Effect of Gender on Access to and Requests for Resources.” Social Networks 54:279–90.

Sugihartati, R. 2014. Perkembangan Masyarakat Informasi Dan Teori Sosial Kontenporer. Jakarta: Kencana.

Tajerin, Tajerin, Tikkyrino Kurniawan, and Zahri Nasution. 2017. “Hubungan Antara Modal Sosial Dan Respons Masyarakat Dengan Persepsi Efektifitas Kelembagaan Pengelolaan Perikanan Di Waduk Malahayu, Jawa Tengah.” Jurnal Sosial Ekonomi Kelautan Dan Perikanan 7(1):97–111.

Yeow, Adrian, David Lee Kuo Chuen, Roland Tan, and Michelle Chia. 2017. “Indonesian Microfinance Institutions (MFI) Move to Technology-TBOP’s Prodigy Experience.” in Handbook of Blockchain, Digital Finance, and Inclusion, edited by D. Lee Kuo Chuen and R. Deng. Singapore: Academic Press.

Yitamben, G. and T. Elise. 2009. Internet Use Among Women Entrepereneurs in The Textile Sector in Douala, Cameroon: Self Taught and Independent. New York: Zed Books.

Published
2019-09-24
How to Cite
DamayantiE., KolopakingL. M., & SjafS. (2019). Financial Technology and Strengthening Women’s Business in Digital Era: a Digital Sociology Perspective Overview (Case Study of Women Group Partners in the P2P Lending Platform in Babakan Village, Ciseeng District, Bogor Regency). Sodality: Jurnal Sosiologi Pedesaan, 7(2), 95-101. https://doi.org/10.22500/sodality.v7i2.25967

Most read articles by the same author(s)

The Role of Social Capital in Developing Smallholders’ Beef Cattle in Bengkulu

Andi Ishak, Erpan Ramon, Zul Efendi, Wahyuni Amelia Wulandari, Harwi Kusnadi, Emlan Fauzi, Yudi...