Digital Financial Literacy: Peer-To-Peer (P2P) Lending of Microenterprise in Cibuntu Village
Journal Title: Journal of Economics, Finance and Management Studies - Year 2023, Vol 6, Issue 08
Abstract
The society began to look for information about Fintech Peer-To-Peer (P2P) Lending or online loans that became known to the public after news emerged of the rampant illegal online loan entanglements. Online loans are attached to a negative stigma, on the other hand online loan platforms are needed by the community. In line with the government's goals, the purpose of Community Service (PKM) activities is to increase understanding, insight, digital financial knowledge regarding Fintech P2P Lending for MSME groups in the Cibuntu Bekasi, South Tangerang West Java Indonesia. The material provided includes the development of Fintech P2P Lending in Indonesia. Second, explaining the benefits and risks and how to choose an online loan platform that is registered and licensed at the Financial Services Authority (OJK). Third, provide an explanation of the consequences and legal protection for ordinary people so they don't worry when facing legal problems with illegal online loan companies. Fourth, the existence of the Investment Alert Task Force which was formed by the government in the context of preventing and handling allegations of unlawful acts by illegal online loan companies. The hope of this activity is that the community and MSME actors can choose legal online loan platforms and avoid illegal online loan entanglements.
Authors and Affiliations
Khalida Utami, Rafrini Amyulianthy, Tri Astuti, Azidan Primadana
Keywords
Related Articles
- EP ID EP727309
- DOI 10.47191/jefms/v6-i8-46
- Views 54
- Downloads 0
Influence of Entrepreneurship Education on Students’ Innovation and Creativity in Nigerian Public Universities
Entrepreneurship education is designed to equip students with the skills and knowledge required to start and run successful businesses, as well as to foster an entrepreneurial mindset. Through entrepreneurial courses, st...
The Social Solidarity Economy in Morocco: Institutionalisation, Challenges and Contributions to the Sustainable Development Goals
This article examines the contribution of the social and solidarity economy (SSE) in Morocco to the Sustainable Development Goals (SDGs). Drawing on a rich heritage of local traditions and benefiting from sectoral politi...
Development of Sustainable Tourism Based on Local Community Participation
Sustainable tourism development is the main focus of tourism development right now. The idea of sustainability in tourism is a way to deal with the bad things that will happen as tourism grows. This article talks about h...
Power Using, Economic Structure and Sustainable Development in the Vietnamese Economy
Electricity is an essential element for the production and the consumption in any economy. Electricity can be generated by thermoelectricity, hydroelectricity, nuclear power, solar power and wind power, etc.Each method o...
The Actual Situation of Building Responsibility Centers at Garment Enterprises in Hanoi
The trend of the economy is increasingly opening, garment enterprises have many opportunities but also many challenges. In order to enhance competitiveness in the market, garment enterprises need to decentralize manageme...