CHARACTERISTICS OF SOCIAL CAPITAL AGRIBUSINESS MICRO FINANCIAL INSTITUTIONS OF AGRIBUSINESS (MFIA) IN PADANG CITY

Devi Analia; Cipta Budiman; Syahyana Raesi; Rika Hariance

doi:10.14710/agrisocionomics.v7i2.16764

DOI: https://doi.org/10.14710/agrisocionomics.v7i2.16764

CHARACTERISTICS OF SOCIAL CAPITAL AGRIBUSINESS MICRO FINANCIAL INSTITUTIONS OF AGRIBUSINESS (MFIA) IN PADANG CITY

*Devi Analia

- Faculty of Agriculture, Andalas University, West Sumatera, Indonesia, Indonesia

Cipta Budiman - Faculty of Agriculture, Andalas University, West Sumatera, Indonesia, Indonesia

Syahyana Raesi - Faculty of Agriculture, Andalas University, West Sumatera, Indonesia, Indonesia

Rika Hariance - Faculty of Agriculture, Andalas University, West Sumatera, Indonesia, Indonesia

BibTex Citation Data :

@article{Agrisocionomics16764,
    author = {Devi Analia and Cipta Budiman and Syahyana Raesi and Rika Hariance},
    title = {CHARACTERISTICS OF SOCIAL CAPITAL AGRIBUSINESS MICRO FINANCIAL INSTITUTIONS OF AGRIBUSINESS (MFIA) IN PADANG CITY},
    journal = {Agrisocionomics: Jurnal Sosial Ekonomi Pertanian},
  volume = {7},
    number = {2},
    year = {2023},
    keywords = {microcredit, MFIA, network, norm, trust},
    abstract = { The role of social capital in micro-small businesses is very important, especially in Agribusiness Micro Finance Institutions (MFIA). The presence of this LKMA can help small businesses to gain access to better financial services with easier requirements .  This study aims to describe how the characteristics of social capital contained in Microfinance Institution of Agribusiness (MFIA). The research was conducted at LKMA in Padang City. The sampling technique used is purposive sampling, namely MFIA whose status is active, legally incorporated and Financial Services Authority (OJK). Data were obtained from two MFIA, namely MFIA Saiyo Sakato in Padang Besi District and MFIA Mutiara Sejati in Koto Tangah District. The research method used was descriptive qualitative by using scoring on aspects of social capital. The results show that the social capital contained in MFIA were aspects of trust, network and norms. The existence and sustainability of LKMA was based on the strength of trust that was built between the management of MFIA and members of MFIA The aspect of network strength that supports the development of MFIA was that its members were scattered in every kelurahan in Padang City. The aspect of social norms that support the sustainability of the MFIA. From the results of this study it is hoped that the power of social capital has a good impact on the sustainability of the agribusiness microfinance institution (MFIA). },
   issn = {2621-9778},   pages = {312--320}  doi = {10.14710/agrisocionomics.v7i2.16764},
    url = {https://ejournal2.undip.ac.id/index.php/agrisocionomics/article/view/16764}
}

Citation Format:

Abstract

The role of social capital in micro-small businesses is very important, especially in Agribusiness Micro Finance Institutions (MFIA). The presence of this LKMA can help small businesses to gain access to better financial services with easier requirements. This study aims to describe how the characteristics of social capital contained in Microfinance Institution of Agribusiness (MFIA). The research was conducted at LKMA in Padang City. The sampling technique used is purposive sampling, namely MFIA whose status is active, legally incorporated and Financial Services Authority (OJK). Data were obtained from two MFIA, namely MFIA Saiyo Sakato in Padang Besi District and MFIA Mutiara Sejati in Koto Tangah District. The research method used was descriptive qualitative by using scoring on aspects of social capital. The results show that the social capital contained in MFIA were aspects of trust, network and norms. The existence and sustainability of LKMA was based on the strength of trust that was built between the management of MFIA and members of MFIA The aspect of network strength that supports the development of MFIA was that its members were scattered in every kelurahan in Padang City. The aspect of social norms that support the sustainability of the MFIA. From the results of this study it is hoped that the power of social capital has a good impact on the sustainability of the agribusiness microfinance institution (MFIA).

Fulltext View|Download

Keywords: microcredit, MFIA, network, norm, trust

Article Metrics:

Article Info

Section: Articles

Language : EN

In Vol 7, No 2 (2023): June 2023

Recent articles

CONDITION OF FISHERY CAPTURE AND PERCEPTIONS OF FISHERS’ ON CLIMATE CHANGE IN COASTAL AREA OF BANYUASIN II SOUTH SUMATERA COMPARATIVE STUDY OF VARIOUS AGRICULTURAL FINANCIAL PROVIDERS IN BANDUNG DISTRICT CHARACTERISTICS OF SOCIAL CAPITAL AGRIBUSINESS MICRO FINANCIAL INSTITUTIONS OF AGRIBUSINESS (MFIA) IN PADANG CITY More recent articles

Cohen, D., & Lrusak, L. (2001). In Good Company : How Social Capital Makes. Organizations Work. Boston : Harvard Business School Press
Granovetter, M. (1973). The Strength of Weak Ties. American Journal of Sociology
Hasbullah, J. (2006). Sosial Capital Menuju Keunggulan Budaya Manusia Indonesia. MR-United Press
Kusumaningtyas, P., & Daryanto, H. K. (2012). Analisis Kinerja Keuangan dan Kepuasan Nasabah Terhadap pelayanan Lembaga Keuangan Mikro Agribisnis (LKMA) “Rukun Tani” di Kabupaten Bogor. Forum Agribisnis, 2(1), 69–90
Lawang, R. (2005). Kapital Sosial Dalam Perspektif Sosiologik : Suatu Pengantar (Fakultas Ilmu Sosial dan Politik, Ed.). FISIP UI Press
Putnam, R., R Leonardi, & R Nanetti. (1993). Making Democracy Work: Civic Traditions in Modern Italy. Princeton University Press
Utami, R. A., Baga, L. M., & Suharno. (2015). Proses Penumbuhan dan Efektifitas Lembaga Keuangan Mikro Agribisnis (LKMA) (Kasus di LKMA Sejahtera, Kabupaten Lamongan)

Last update:

No citation recorded.

Last update:

No citation recorded.

Starting from 2021, the author(s) whose article is published in the Agrisocionomics journal attain the copyright for their article. By submitting the manuscript to Agrisocionomics, the author(s) agree with this policy. No special document approval is required.

The author(s) guarantee that:

Their article is original, written by the mentioned author(s),
Has never been published before,
Does not contain statements that violate the law, and
Does not violate the rights of others, is subject to copyright held exclusively by the author(s), and is free from the rights of third parties, and that the necessary written permission to quote from other sources has been obtained by the author(s).

The author(s) retain all rights to the published work, such as (but not limited to) the following rights:

Copyright and other proprietary rights related to the article, such as patents,
The right to use the substance of the article in its own future works, including lectures and books,
The right to reproduce the article for its own purposes,
The right to archive all versions of the article, and
The right to enter into separate additional contractual arrangements for the non-exclusive distribution of published versions of the article (for example, posting them to institutional repositories or publishing them in a book), acknowledging its initial publication in this journal.

If the article was prepared jointly by more than one author, each author submitting the manuscript warrants that they have been given permission by all co-authors to agree to copyright and license notices (agreements) on their behalf, and agree to notify the co-authors of the terms of this policy. Agrisocionomics will not be held responsible for anything that may arise because of the writer's internal dispute. Agrisocionomics will only communicate with correspondence authors.

Authors should also understand that once published, their articles (and any additional files, including data sets, and analysis/computation data) will become publicly available. The license of published articles (and additional data) will be governed by the Creative Commons Attribution license as currently featured on the Creative Commons Attribution-ShareAlike 4.0 International License. Agrisocionomics allows users to copy, distribute, display and perform work under license. Users need to attribute the author(s) and Agrisocionomics to distribute works in journals and other publication media. Unless otherwise stated, the author(s) is a public entity as soon as the article is published.