SHARIA PEER TO PEER LENDING INFORMATION SYSTEM FOR WEB-BASED MSMEs: AMINAH
Med Irzal(a), Ari Hendarno(b*), Arimbi Mega Ningrum(c), Razka Agniatara(d)

a,b,c,d) Jakarta State University, Indonesia
*arihendarno[at]unj.ac.id

Abstract

Based on the results of the MSME needs questionnaire analysis, 37% of the 30 MSME owners chose to use personal funds to develop their businesses. There are 90% of the 30 MSME owners have problems with high interest rates, heavy collateral requirements when applying for a loan from a conventional bank. There are 33% of 30 MSME owners who need easy administration of loan applications because those at the bank are quite difficult. All these things certainly make it difficult for them to get capital assistance to develop their business, considering that there are 53% of the 30 MSMEs that need additional business capital. It takes an information system that implements Financial Technology using the concept of sharia-based peer to peer lending which aims to help micro, small and medium business owners, especially micro businesses, in overcoming capital shortages without the need to use complicated requirements and no interest rates. high as in conventional banks. This information system has a role as a liaison between business owners who need additional capital and capital owners who want to help others in advancing MSMEs with funds that are not too large but useful because one MSME will be funded by several lenders (capital owners). Based on testing using black box testing, this sharia peer to peer lending (Aminah) information system shows an average value of 92% in the very good category, so this information system can be used.

Keywords: MSMEs, Sharia, Peer to Peer Lending Sharia, Financial Technology

Topic: Computer Science