Record Details

Transaction cost of micro and small enterprises financing

Economic Journal of Emerging Markets

View Archive Info
 
 
Field Value
 
Title Transaction cost of micro and small enterprises financing
 
Creator Sulistya, Ghana Atma
Darwanto, Darwanto
 
Subject Economics
Institutional Economics, Transaction Cost, Micro and Small Entrepreneur, Group Lending, Sequential Exploratory Design
D23, D83, O17, C83, L26
 
Description High transaction costs become one of the obstacles for the micro and small enterprises (MSEs) to access financial loans to the bank. In order to minimize the transaction costs, group lending scheme become  alternative, so that both sides are pay lower transaction costs, and MSEs are able to improve their welfare. This study aims to analyze the credit process and transaction costs incurred on the model of individuals and groups lending and to compare the magnitude of transaction costs on both models. Mixed Method Analysis is used to analyze the component of transaction costs and the magnitude of the transaction cost on both models.These results indicate there are differences in transaction costs incurred on both schemes. In the amount of the transaction costs, the overall group scheme still allows for greater compared to individual schemes and dominated by the cost of the disbursement. Even so, the transaction cost per member group is much smaller than the individual schemes.
 
Publisher Universitas Islam Indonesia
 
Contributor —
 
Date 2016-10-01
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
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Mixed Method
 
Format application/pdf
 
Identifier https://journal.uii.ac.id/JEP/article/view/5044
10.20885/ejem.vol8.iss2.art9
 
Source Economic Journal of Emerging Markets; Volume 8 Issue 2, 2016; 171-186
2502-180X
2086-3128
 
Language eng
 
Relation https://journal.uii.ac.id/JEP/article/view/5044/5769
 
Coverage —
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Rights Copyright (c) 2016 Economic Journal of Emerging Markets
http://creativecommons.org/licenses/by-sa/4.0