Social Capital in Moneylenders Phenomenon in Blimbing Traditional Market Malang Indonesia

Volume: 7 Number: 3 September 1, 2017
  • Bunga Hidayati
  • Naoyuki Yamamoto
  • Hideyuki Kano
  • Agus Suman
  • Asfi Manzilati
International Journal of Economics and Financial Issues Cover
International Journal of Economics and Financial Issues
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Social Capital in Moneylenders Phenomenon in Blimbing Traditional Market Malang Indonesia

Abstract

A moneylender is a person who lends money at excessively high rates of interest. The moneylender is called loan shark. The reality shows that moneylender is still an important capital source for merchants. The aim of this research is to know the role of social capital (network, trust, and norm) on moneylender phenomenon. By using phenomenology, the result shows that: (1) Social capital makes merchants prefer using moneylender than formal financial institutions. (2) The more personal relationship that is part of a network makes moneylender is friendlier than the formal financial institution. (3) The intensity of interaction creates trusts that can substitute collateral. (4) Moneylender behavior which is humanist is accepted by merchants as added value.

Keywords

Details

Primary Language

English

Subjects

-

Journal Section

-

Authors

Bunga Hidayati This is me

Naoyuki Yamamoto This is me

Hideyuki Kano This is me

Agus Suman This is me

Asfi Manzilati This is me

Publication Date

September 1, 2017

Submission Date

September 1, 2017

Acceptance Date

-

Published in Issue

Year 2017 Volume: 7 Number: 3

IZ

https://izlik.org/JA52JR27MT

Cite

RIS / Bibtex
APA
Hidayati, B., Yamamoto, N., Kano, H., Suman, A., & Manzilati, A. (2017). Social Capital in Moneylenders Phenomenon in Blimbing Traditional Market Malang Indonesia. International Journal of Economics and Financial Issues, 7(3), 57-61. https://izlik.org/JA52JR27MT
AMA
1.Hidayati B, Yamamoto N, Kano H, Suman A, Manzilati A. Social Capital in Moneylenders Phenomenon in Blimbing Traditional Market Malang Indonesia. IJEFI. 2017;7(3):57-61. https://izlik.org/JA52JR27MT
Chicago
Hidayati, Bunga, Naoyuki Yamamoto, Hideyuki Kano, Agus Suman, and Asfi Manzilati. 2017. “Social Capital in Moneylenders Phenomenon in Blimbing Traditional Market Malang Indonesia”. International Journal of Economics and Financial Issues 7 (3): 57-61. https://izlik.org/JA52JR27MT.
EndNote
Hidayati B, Yamamoto N, Kano H, Suman A, Manzilati A (September 1, 2017) Social Capital in Moneylenders Phenomenon in Blimbing Traditional Market Malang Indonesia. International Journal of Economics and Financial Issues 7 3 57–61.
IEEE
[1]B. Hidayati, N. Yamamoto, H. Kano, A. Suman, and A. Manzilati, “Social Capital in Moneylenders Phenomenon in Blimbing Traditional Market Malang Indonesia”, IJEFI, vol. 7, no. 3, pp. 57–61, Sept. 2017, [Online]. Available: https://izlik.org/JA52JR27MT
ISNAD
Hidayati, Bunga - Yamamoto, Naoyuki - Kano, Hideyuki - Suman, Agus - Manzilati, Asfi. “Social Capital in Moneylenders Phenomenon in Blimbing Traditional Market Malang Indonesia”. International Journal of Economics and Financial Issues 7/3 (September 1, 2017): 57-61. https://izlik.org/JA52JR27MT.
JAMA
1.Hidayati B, Yamamoto N, Kano H, Suman A, Manzilati A. Social Capital in Moneylenders Phenomenon in Blimbing Traditional Market Malang Indonesia. IJEFI. 2017;7:57–61.
MLA
Hidayati, Bunga, et al. “Social Capital in Moneylenders Phenomenon in Blimbing Traditional Market Malang Indonesia”. International Journal of Economics and Financial Issues, vol. 7, no. 3, Sept. 2017, pp. 57-61, https://izlik.org/JA52JR27MT.
Vancouver
1.Bunga Hidayati, Naoyuki Yamamoto, Hideyuki Kano, Agus Suman, Asfi Manzilati. Social Capital in Moneylenders Phenomenon in Blimbing Traditional Market Malang Indonesia. IJEFI [Internet]. 2017 Sep. 1;7(3):57-61. Available from: https://izlik.org/JA52JR27MT