DOI: https://doi.org/10.14710/agrisocionomics.v7i2.17247

COMPARATIVE STUDY OF VARIOUS AGRICULTURAL FINANCIAL PROVIDERS IN BANDUNG DISTRICT

*Raden Trizaldi Prima Alamsyah orcid  -  Agricultural Economics, Faculty of Agriculture, Universitas Padjadjaran, Bandung, West Java, Indonesia, Indonesia
Eliana Wulandari orcid scopus  -  Agricultural Social-Economics, Faculty of Agriculture, Universitas Padjadjaran, Bandung, West Java, Indonesia, Indonesia
Tuti Karyani orcid scopus  -  Agricultural Social-Economics, Faculty of Agriculture, Universitas Padjadjaran, Bandung, West Java, Indonesia, Indonesia
Open Access Copyright 2023 Agrisocionomics: Jurnal Sosial Ekonomi Pertanian under http://creativecommons.org/licenses/by-sa/4.0.

Citation Format:
Abstract

Capital plays a crucial role in fulfilling the production needs of agriculture. As a hub for   agricultural production, farmers in Bandung District utilize various financial providers to meet their capital requirements. However, some farmers still encounter difficulties in obtaining finance. This research aims to identify the sources of finance obtained by farmers and evaluate the benefits and risks of various financial providers. A survey was applied using proportionate stratified random sampling through the distribution of questionnaires. The questionnaire consisted of questions related to the sources of finance used by the farmers and their experiences with obtaining finance. The data obtained were analyzed using descriptive statistics, which involved summarizing and organizing the data to describe various sources of financial providers in Bandung District. The study results indicate that 61% of farmers have obtained finance from various sources. The most commonly accessed source of finance is non-bank financial providers. In terms of benefits, non-bank financial providers have the highest utility and are classified as high, while digital financial providers have the highest level of effectiveness and are classified as very high. In terms of risk, bank financial providers are the safest source and are classified as low. The key to improving farmers' access to finance and ensuring the success and sustainability of their operations is effective collaboration between the government, financial institutions, and farmers themselves.

Fulltext View|Download
Keywords: agricultural finance, Bandung District, benefit, financial provider, risk

Article Metrics:

Article Info
Section: Articles
Language : EN
Recent articles
COMPARATIVE STUDY OF VARIOUS AGRICULTURAL FINANCIAL PROVIDERS IN BANDUNG DISTRICT THE FACTORS INFLUENCING TECHNOLOGY ADOPTION PROCESS OF FARMERS IN TERM OF AGRICULTURAL EXTENSION POLICY CASE IN CENTRAL JAVA INDONESIA VISITOR’S PERCEPTION OF PAGILARAN TEA GARDEN AGROTOURISM More recent articles
  1. Aisah, A. & Wulandari, E. 2020. Keragaan Lembaga Keuangan di Kecamatan Pangalengan, Kabupaten Bandung. Mimbar Agribisnis: Jurnal Pemikiran Masyarakat Ilmiah Berwawasan Agribisnis, 6(1). https://doi.org/10.25157/ma.v6i1.3158
  2. Akmal, M. & Wulandari, E. 2022. Pengetahuan Petani Kentang terhadap Prosedur Pembiayaan Online di Kecamatan Pangalengan. Agrikultura, 33(2), 138–146
  3. Ashari, & Friyatno, S. 2006. Perspektif pendirian bank pertanian di Indonesia. Jurnal Agro Ekonomi, 24(2), 107–122
  4. BPS. 2022a. Kabupaten Bandung Dalam Angka 2022. BPS Kabupaten Bandung
  5. BPS. 2022b. Provinsi Jawa Barat Dalam Angka 2022. BPS Provinsi Jawa Barat
  6. Damayanti, N. P. E. P., Ustriyana, I. N. G., & Djelantik, A. W. S. 2019. The Role of Local Credit Institutions (LPD) in Distributing Agricultural Credit in Penatih Village, District of East Denpasar, Denpasar City. Agrisocionomics: Jurnal Sosial Ekonomi Pertanian, 3(2). https://doi.org/10.14710/agrisocionomics.v3i2.4861
  7. Fadmawaty, F., Minha, A. & Aryani, D. 2021. Robusta Coffee Marketing Efficiency Analysis in Pasemah Air Keruh District, Empat Lawang Regency. Agrisocionomics: Jurnal Sosial Ekonomi Pertanian, 5(2), 180–201
  8. Fahlevi SI, M., Yusnaidi & Irmalis, A. 2021. Strategi Peningkatan Literasi Dan Inklusi Keuangan Bagi Masyarakat Agraris Di Kawasan Pedesaan. Jurnal Bisnis Dan Kajian Strategi Manajemen, 5(2)
  9. Febriyanto, D. P., Soegiono, L. & Kristanto, A. Budi. 2019. Pemanfaatan Informasi Keuangan dan Akses Pembiayaan Bagi Usaha Mikro Kecil dan Menengah. Jurnal Ilmiah Akuntansi …, 9(2)
  10. Feryanto, F. 2019. Pembiayaan Pertanian dan Upaya Meningkatkan Kesejahteraan Petani: Analisa Data Makro. Agricore: Jurnal Agribisnis Dan Sosial Ekonomi Pertanian Unpad, 2(2). https://doi.org/10.24198/agricore.v2i2.15145
  11. Fitriani, H. 2018. Kontribusi FinTech dalam Meningkatkan Keuangan Inklusif pada Pertanian. Journal of Islamic Economics and Business, 01(01)
  12. Hastuti, E. L. & Supadi. 2005. Aksessibilitas Masyarakat terhadap Kelembagaan Pembiayaan Pertanian di Pedesaan. SOCA: Jurnal Sosial Ekonomi Pertanian , 5(2), 1–15
  13. Hsueh, S. C. & Kuo, C. H. 2017. Effective matching for P2P lending by mining strong association rules. ACM International Conference Proceeding Series, Part F130952. https://doi.org/10.1145/3133811.3133823
  14. Karyani, T. & Akbar, U. 2016. Aksesibilitas Petani Mangga Gedong Gincu Terhadap Lembaga Keuangan Formal dan Non-Formal Studi Kasus Gapoktan Sami MulyaKecamatan Sedong Kabupaten Cirebon. Jurnal Agribisnis Terpadu, 9(2)
  15. Meyer, R. L. & Nagarajan, G. 2000. Rural Financial Markets in Asia: Policies, Paradigms, and Performance
  16. Mudiyono, R. W. & Hariadi, S. S. 2012. Aksesibilitas Petani Dalam Agribisnis Bawang Merah Di Lahan Pasir Pantai Kecamatan Sanden Kabupaten Bantul. Sosial Ekonomi Dan Kebijakan Pertanian, 1(April)
  17. Muhtarom, A., Djuharyanto, T. & Sulaiman, A. I. 2021. Farmers Empowerment on Food Security Program in Enggal Maju Farmers Group Association of Kebumen Regency. Agrisocionomics: Jurnal Sosial Ekonomi Pertanian, 5(1). https://doi.org/10.14710/agrisocionomics.v5i1.8415
  18. Mulyaqin, T., Astuti, Y. & Haryani, D. 2016. Faktor Yang Mempengaruhi Petani Padi Dalam Pemanfaatan Sumber Permodalan : Studi Kasus Di Kabupaten Serang Provinsi Banten. Seminar Nasional BPTP, 2(1)
  19. Nurcahya, M. A. 2021. Sedayu District Farmers’ Motivation on Introduction Rats Controlling Technology Using Owl. Agrisocionomics: Jurnal Sosial Ekonomi Pertanian, 5(2), 89–96
  20. Nurmanaf, A. R. 2007. Lembaga Informal Pembiayaan Mikro Lebih Dekat Dengan Petani. Analisis Kebijakan Pertanian, 5(2)
  21. Pomeroy, R., Arango, C., Lomboy, C. G. & Box, S. 2020. Financial inclusion to build economic resilience in small-scale fisheries. Marine Policy, 118, 103982. https://doi.org/10.1016/J.MARPOL.2020.103982
  22. Pratiwi, P. Y., Yanuarti, I. & Prihanto, W. 2020. Faktor-faktor yang Mempengaruhi Petani Dalam Memilih Platform Crowdfunding (Studi Kasus Pada Petani Hortikultura di Desa Sumberejo, Magelang). Ultima Management : Jurnal Ilmu Manajemen, 12(1). https://doi.org/10.31937/manajemen.v12i1.1578
  23. Puspitasari, S. 2011. Potensi Wisata Agro Kabupaten Bandung Berdasarkan Aspek Permintaan dan Penawaran. Journal of Regional and City Planning, 22(1). https://doi.org/10.5614/jpwk.2011.22.1.3
  24. Richardson, W. B., Camp, W. G. & McVay, W. 1982. Managing the Farm and Ranch. Reston Pub. Co
  25. Richter, P. 2011. Empowering Rural Communities through Financial Inclusion. Rural Policy Briefs
  26. Roessali, W., Nikmah, A. & Setiadi, A. 2022. Strategies For Increasing Participation in The Implementation of The AUTP Program in Kudus Regency. Agrisocionomics: Jurnal Sosial Ekonomi Pertanian, 6(2), 422–431
  27. Santi, M. 2019. Peran Pinjaman Dana Berbasis Online Melalui Aplikasi Terhadap Perekonomian di Indonesia. Jurnal Eksyar (Jurnal Ekonomi Syariah, 06(02)
  28. Sartika, S. R. & Karyani, T. 2018. Studi Kasus: Aksesbilitas Petani Kopi terhadap Kredit dari Lembaga Keuangan Bank. Jurnal Agro Industri Perkebunan, 6(2). https://doi.org/10.25181/jaip.v6i2.954
  29. Septiani, H. L. D., Sumarwan, U., Yuliati, L. N. & Kirbrandoko, K. 2021. Minat Petani Mengadopsi Sharing Economy Peer-to-Peer Lending Sebagai Alternatif Pembiayaan Pertanian. Jurnal Ilmiah Manajemen, 11(1). https://doi.org/10.22441/mix.2021.v11i1.001
  30. Supanggih, D. & Widodo, S. 2013. Aksesibilitas Petani terhadap Lembaga Keuangan (Studi Kasus Pada Petani di Desa Sidodadi Kecamatan Sukosewu Kabupaten Bojonegoro). Agriekonomika, 2(2), 163–173
  31. Supriatna, A. 2009. Pola Pelayanan Pembiayaan Sistem Kredit Mikro Usaha Tani di Tingkat Pedesaan. Jurnal Litbang Pertanian, 28(3), 111–118
  32. Thaker, H. M. T., Khaliq, A., Sakaran, K. C. & Thaker, M. A. M. T. 2020. A Discourse on the Potential of Crowdfunding and Islamic finance in the Agricultural Sector of East Java, Indonesia. Jurnal Ekonomi & Keuangan Islam, 6(1). https://doi.org/10.20885/jeki.vol6.iss1.art2
  33. Winaryo, R. F., & Sugiri, A. 2012. Arahan Perwilayahan Fungsional Dalam Pembangunan Pertanian Tanaman Pangan Dan Hortikultura Di Kabupaten Wonosobo. In Teknik PWK (Perencanaan Wilayah Kota) (Vol. 1, Issue 1)
  34. Winn, M., Miller, C. & Gegenbauer, I. 2009. The Use of Structured Finance Instruments in Agriculture in Eastern Europe and Central Asia
  35. Wulandari, E., Karyani, T., Ernah & Alamsyah, R. T. P. 2023. What Makes Farmers Record Farm Financial Transactions? Empirical Evidence from Potato Farmers in Indonesia. International Journal of Financial Studies, 11(1), 1–11. https://doi.org/10.3390/ijfs11010019
  36. Wulandari, E., Meuwissen, M. P. M., Karmana, M. H. & Oude-Lansink, A. G. J. M. 2017. Access To Finance From Different Finance Provider Types: Farmer Knowledge of The Requirements. PLoS ONE, 12(9). https://doi.org/10.1371/journal.pone.0179285
  37. Wulandari, E., Meuwissen, M. P. M., Karmana, M. H. & Oude Lansink, A. G. J. M. 2021. The Role of Access to Finance From Different Finance Providers in Production Risks of Horticulture in Indonesia. PLoS ONE, 16(9 September). https://doi.org/10.1371/journal.pone.0257812
  38. Yoko, B. & Prayoga, A. 2019. Akses dan Persepsi Petani Terhadap Pembiayaan Pertanian Mikro Syariah : Studi di Kabupaten Lampung Tengah. Journal of Halal Product and Research, 2(1)

Last update:

No citation recorded.

Last update:

No citation recorded.