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Methods for studying group loans, join responsibility, and women's empowerment

World researchers have studied various phenomena of loans provided through financial institutions, including a loan strategy with Group Loans. Group Loans are money loans made by a group of people to a microfinance institution. Based on a case study in Nganjuk, East Java, Indonesia, we investigated...

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Autores principales: Prastyaningtyas, Efa Wahyu, Widjaja, Sri Umi Mintarti, Wahyono, Hari, Andayani, Endang Sri, Rusdi, Jack Febrian
Formato: Online Artículo Texto
Lenguaje:English
Publicado: Elsevier 2022
Materias:
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC9192796/
https://www.ncbi.nlm.nih.gov/pubmed/35712642
http://dx.doi.org/10.1016/j.mex.2022.101749
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author Prastyaningtyas, Efa Wahyu
Widjaja, Sri Umi Mintarti
Wahyono, Hari
Andayani, Endang Sri
Rusdi, Jack Febrian
author_facet Prastyaningtyas, Efa Wahyu
Widjaja, Sri Umi Mintarti
Wahyono, Hari
Andayani, Endang Sri
Rusdi, Jack Febrian
author_sort Prastyaningtyas, Efa Wahyu
collection PubMed
description World researchers have studied various phenomena of loans provided through financial institutions, including a loan strategy with Group Loans. Group Loans are money loans made by a group of people to a microfinance institution. Based on a case study in Nganjuk, East Java, Indonesia, we investigated the phenomena of Group Loans. Group Loans customers in the community are primarily women, and they are generally housewives without having a fixed income unless they receive a stipend from their husbands. Group Loan facilities are provided for women's empowerment, primarily to support productive activities. Unfortunately, these group loans potentially experience problems, especially interms of loan payments. Group members who are not paying debts, wasting money, and borrowing from numerous financial institutions to pay off prior obligations have all been recognised as issues. This study examined methods to anticipate and minimize the risk of Group Loans through the implementation of women's empowerment activities. The proposed method in this study is deemed effective to assist women in avoiding debt owing to Group Loans. This study is expected to be one of the solutions to enhancing women's roles, particularly in minimising the risk of debt through productive activities. • Discussion of methods to examine the phenomena and problems of Group Loans. • Discussion of approach methods to credit agency customers who borrow money in groups. • Methods of exercising women's empowerment in anticipation of Group Loans.
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spelling pubmed-91927962022-06-15 Methods for studying group loans, join responsibility, and women's empowerment Prastyaningtyas, Efa Wahyu Widjaja, Sri Umi Mintarti Wahyono, Hari Andayani, Endang Sri Rusdi, Jack Febrian MethodsX Method Article World researchers have studied various phenomena of loans provided through financial institutions, including a loan strategy with Group Loans. Group Loans are money loans made by a group of people to a microfinance institution. Based on a case study in Nganjuk, East Java, Indonesia, we investigated the phenomena of Group Loans. Group Loans customers in the community are primarily women, and they are generally housewives without having a fixed income unless they receive a stipend from their husbands. Group Loan facilities are provided for women's empowerment, primarily to support productive activities. Unfortunately, these group loans potentially experience problems, especially interms of loan payments. Group members who are not paying debts, wasting money, and borrowing from numerous financial institutions to pay off prior obligations have all been recognised as issues. This study examined methods to anticipate and minimize the risk of Group Loans through the implementation of women's empowerment activities. The proposed method in this study is deemed effective to assist women in avoiding debt owing to Group Loans. This study is expected to be one of the solutions to enhancing women's roles, particularly in minimising the risk of debt through productive activities. • Discussion of methods to examine the phenomena and problems of Group Loans. • Discussion of approach methods to credit agency customers who borrow money in groups. • Methods of exercising women's empowerment in anticipation of Group Loans. Elsevier 2022-06-02 /pmc/articles/PMC9192796/ /pubmed/35712642 http://dx.doi.org/10.1016/j.mex.2022.101749 Text en © 2022 The Authors https://creativecommons.org/licenses/by/4.0/This is an open access article under the CC BY license (http://creativecommons.org/licenses/by/4.0/).
spellingShingle Method Article
Prastyaningtyas, Efa Wahyu
Widjaja, Sri Umi Mintarti
Wahyono, Hari
Andayani, Endang Sri
Rusdi, Jack Febrian
Methods for studying group loans, join responsibility, and women's empowerment
title Methods for studying group loans, join responsibility, and women's empowerment
title_full Methods for studying group loans, join responsibility, and women's empowerment
title_fullStr Methods for studying group loans, join responsibility, and women's empowerment
title_full_unstemmed Methods for studying group loans, join responsibility, and women's empowerment
title_short Methods for studying group loans, join responsibility, and women's empowerment
title_sort methods for studying group loans, join responsibility, and women's empowerment
topic Method Article
url https://www.ncbi.nlm.nih.gov/pmc/articles/PMC9192796/
https://www.ncbi.nlm.nih.gov/pubmed/35712642
http://dx.doi.org/10.1016/j.mex.2022.101749
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