Social Capital in Moneylenders Phenomenon in Blimbing Traditional Market Malang Indonesia

Bunga Hidayati; Naoyuki Yamamoto; Hideyuki Kano; Agus Suman; Asfi Manzilati

Social Capital in Moneylenders Phenomenon in Blimbing Traditional Market Malang Indonesia

Year 2017, Volume: 7 Issue: 3, 57 - 61, 01.09.2017

Bunga Hidayati Naoyuki Yamamoto Hideyuki Kano Agus Suman Asfi Manzilati

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

Social Capital, Moneylender, and Merchants

Year 2017, Volume: 7 Issue: 3, 57 - 61, 01.09.2017

Bunga Hidayati Naoyuki Yamamoto Hideyuki Kano Agus Suman Asfi Manzilati

Abstract

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Details

Other ID	JA43ME29ZR
Journal Section	Research Article
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
Published in Issue	Year 2017 Volume: 7 Issue: 3

Cite

APA	Hidayati, B., Yamamoto, N., Kano, H., Suman, A., et al. (2017). Social Capital in Moneylenders Phenomenon in Blimbing Traditional Market Malang Indonesia. International Journal of Economics and Financial Issues, 7(3), 57-61.
AMA	Hidayati B, Yamamoto N, Kano H, Suman A, Manzilati A. Social Capital in Moneylenders Phenomenon in Blimbing Traditional Market Malang Indonesia. IJEFI. September 2017;7(3):57-61.
Chicago	Hidayati, Bunga, Naoyuki Yamamoto, Hideyuki Kano, Agus Suman, and Asfi Manzilati. “Social Capital in Moneylenders Phenomenon in Blimbing Traditional Market Malang Indonesia”. International Journal of Economics and Financial Issues 7, no. 3 (September 2017): 57-61.
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	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, 2017.
ISNAD	Hidayati, Bunga et al. “Social Capital in Moneylenders Phenomenon in Blimbing Traditional Market Malang Indonesia”. International Journal of Economics and Financial Issues 7/3 (September 2017), 57-61.
JAMA	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, 2017, pp. 57-61.
Vancouver	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.