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ROSCAs Through The Islamic Community: An Alternative to Enhancing Entrepreneurship and Finance Wealth

Pambekti, Galuh Tri - ; Yusfiarto, Rizaldi - ; Nugraha, Septy Setia - ;

The purpose of the study is to analyse the influence of the motives and benefits of participation in Rotating Savings and Credit Associations (ROSCAs) on household wealth and entrepreneurship through mediating community commitment. Structural equation modeling (SEM) was used on the data collected using purposive sampling and a sample of 225 respondents in the provinces of East Java, Central Java, West Java, D.I. Yogyakarta, and D.K.I. Jakarta. The results show that ROSCAs have a direct effect on entrepreneurial intention and may affect household wealth. It is also concluded that ROSCAs can be an instrument of Islamic social finance, as their characteristics are not burdensome to members. They involve the principle of cooperation, and are not affected by interest rates or inflation.


Ketersediaan

Call NumberLocationAvailable
PSB lt.2 - Karya Akhir (Majalah)1
PenerbitJakarta: Bank Indonesia 2022
EdisiVolume 8 Special Issue 2022
SubjekEntrepreneurship
Wealth
ROSCAs
Islamic comunity
ISBN/ISSN2460-6618
KlasifikasiNONE
Deskripsi Fisik174 p.
Info Detail SpesifikJournal of Islamic Monetary Economics and Finance
Other Version/RelatedTidak tersedia versi lain
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  • ROSCAs Through The Islamic Community An Alternative to Enhancing Entrepreneurship and Finance Wealth

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