| Issue |
E3S Web Conf.
Volume 448, 2023
The 8th International Conference on Energy, Environment, Epidemiology and Information System (ICENIS 2023)
|
|
|---|---|---|
| Article Number | 02037 | |
| Number of page(s) | 10 | |
| Section | Information System | |
| DOI | https://doi.org/10.1051/e3sconf/202344802037 | |
| Published online | 17 November 2023 | |
Investigation of the Impact of the Peer-To-Peer Lending Market on the Membership Motivation of the MSME
1 Doctoral Program of Information Systems Diponegoro University
2 Computer Engineering Department of Diponegoro University
3 Science and Mathematics Department of Diponegoro University
* Corresponding author: iwanpurwanto@students.undip.ac.id
FinTech has several activities in it, one of which is Peer-to-Peer lending. P2P (Peer-to-Peer lending) financing is an alternative for micro, small and medium enterprises (MSMEs) to obtain funding. This study identifies the benefits of MSME P2P lending. Analyzing credible sources through an interview process with MSME actors who have utilized peer to peer lending facilities. This study uses a qualitative method. Analysis shows that P2P lending benefits MSME. First, P2P lending offers easier and faster access to financing, which helps MSME get loans from traditional banks. Second, the P2P lending platform offers flexibility in loan terms that can be tailored to the unique needs of each MSME, increasing their chances of obtaining financing. In general, peer-to-peer lending requires very appropriate benefits for MSME actors.
© The Authors, published by EDP Sciences, 2023
This is an Open Access article distributed under the terms of the Creative Commons Attribution License 4.0, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
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