DESIGN OF SHARIA PEER TO PEER LENDING INFORMATION SYSTEM FOR ANDROID BASED MSMEs (AMINAH)to Submit This Sample Abstract
Med Irzal, Togu Annaaf Kumara, Ari Hendarno

Universitas Negeri Jakarta

Abstract

Based on survey results from the Indonesian Central Statistics Agency (BPS), it was noted that 69.02% of the assistance needed by MSMEs to survive was business capital. MSMEs that do not have official business entities have difficulty gaining access to funding sources, whether from conventional banking, cooperatives or government programs. The Central Statistics Agency also noted that there were very few MSEs who took business loans from banks for various reasons, including 6.36% because they did not know the procedures, 7.34% because the procedures were difficult, 1.09% because the application was rejected, 12, 69% due to high interest rates, and 12.37% did not have collateral. To help micro, small and medium enterprise (MSME) owners overcome capital shortages, the author will create an information system that implements Financial Technology (Fintech) with the concept of sharia-based peer to peer lending. This system will provide loans without complicated fees and high interest rates. This system will also act as a liaison between business owners who need loans and capital owners who want to help others. Based on the results of black box testing, this sharia peer to peer lending (Aminah) information system shows that its functionality is running well, with an average score of 90%. This shows that the system as a whole has met user expectations. Apart from that, the system was also considered very suitable for use, with an average score of 89%.

Keywords: Sharia peer to peer lending, Financial Technology, MSMEs, Android.

Topic: Computational Science