Title : Determinants Of Murabahah Financing For Microfinance
Authors:
- Ririn Tri Ratnasari
- Faishol Luthfi
- Wildana Latif Mahmudi
Department : Islamic Economics
Journal Name : International Journal of Innovation, Creativity and Change
Kinds of Journal : Q3
Keywords : Micro and Small Entrepreneur Decisions, Microfinance, Exploratory Factor Analysis.
Abstract:
This study aims to analyze the determinants of the decisions of micro and small entrepreneurs in the culinary sector in choosing murabaha financing through microfinance. The subjects of this study are micro and small entrepreneurs at microfinance. The sample of this research was 100 micro and small entrepreneurs from the culinary sector members of microfinance which were taken using a convenience sampling method. Data collection techniques using questionnaires and documentation. The analysis technique used in this study is exploratory factor analysis. This study will formulate 20 indicators obtained from the preliminary test and then reduce to a factor or variable. The variable to be examined is the decision of micro and small entrepreneurs in the culinary sector in choosing murabaha financing through the microfinance. The stages of the research method are the preliminary test, library study, and the main test conducted on 100 micro and small entrepreneurs in the culinary sector members of microfinance. The results of this study indicate that there are five factors that influence the decision of micro and small entrepreneurs in the culinary sector in choosing murabaha financing through microfinance. These factors include service convenience factors, factors of compensation, trust factors, microfinance image factors and professionalism factors. Funding also impacts micro and small entrepreneurs, both in terms of Madiyah welfare and spiritual welfare. The impact of financing from the Madiyah welfare side can be shown by an increase in business income. In terms of spiritual welfare, the financing of microfinance has helped increase the worship of micro and small entrepreneurs.
For details : https://www.ijicc.net/images/vol_13/Iss_10/131021_Ratnasari_2020_E_R.pdf