Title : Determinants of Murabahah Financing for Microfinance
Authors:
- Ririn Tri Ratnasari
- Faishol Lutfi
- 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, Microfinanace, 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 murabara financing through microfinanace. The subjects of this study are micro and small entrepreneurs at microfinanace. The sample of this research is 100 micro and small entrepreneurs of the culinary sector members of microfinanace which were taken using convenience sampling methods. Data Collection Techniques Using Questionnaires and Documentation. The analysis technique used in this study is an exploratory factor analysis. This study will formulate 20 indicators obtained from the preliminary test and then reduced to a factor or variable. The variable to be examined is the decision of micro and small entrepreneurs in the culinary sector in choosing murabara financing through the microfinanace. 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 microfinanace. 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 microfinanace. These factors include service convenience factors, factors of compensations, trust factors, microfinanace images 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 microfinanace 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
