Email this article 1.jpg){kind=logo}
IMPACT OF PROFIT-LOSS SHARING FINANCING ON POVERTY ALLEVIATION OF SHRIMP FARMERS IN TULANG BAWANG REGENCY (CASE STUDY: KEMITRAAN BUMIDIPA)
Abstract
This research aimed to describe the core values of Kemitraan Bumidipa as sharia microfinance program that applies profit-loss sharing scheme, to elaborate the main obstacles that might cause the failure of the program, to analyze the effectivity of its financing, and to analyze the impact of financing on poverty alleviation of shrimp farmers in Rawajitu Timur District, Tulang Bawang Regency. Descriptive analysis, qualitative analysis and poverty indices are used as the analysis methods. The result shows that, on the one hand, the core values of Kemitraan Bumidipa are the real profit sharing system, professional financial services, and the investment guarantee model for its financing. On the other hand, the risks faced by the program are the the unstable environment of shrimp farming, technical problems, the shrimp’s price fluctuation, and moral hazard behavior. According to effectivity analysis, overall this program has been effective. Based on poverty indices result, sen index of farmers increase after becoming members of Kemitraan Bumidipa as the result of the failure of farmers’ cultivation. As recommendation, it should be a supervision mechanism to prevent the members from moral hazard act and it’s neccessary for further research particularly related to the unstable environment of shrimp farming and the fluctuation of shrimp’s price.
Keywords
Full Text:
PDFReferences
Afzalurrahman. (1997). Muhammad sebagai Seorang Pedagang [Muhammad as A Trader]. Jakarta (ID): Yayasan Swarna Bhumi.
Agustina R. (2010). “Analisis Kualitas Pembiayaan dan Pengaruhnya terhadap Efektivitas Pendapatan pada PT. BPR Syariah PNM Al-Ma’soem Bandung. [Analysis of Financing Quality and Its Effect on Income Effectivity on PT BPR Syariah PNM Al-Ma’soem Bandung]”. Available at: http:/ dir.unikom.ac.id/s1-final-project/fakultasekonomi/akuntansi/2010/jbptunikompp-dgl-ratihagust-21817/19 jurnal.docx /pdf/19-jurnal. pdf
Ahmed H. (2000). Incentive-compatible profit-sharing contracts: a theoretical treatment, in: Iqbal M, LIewellyn DT, editor. Islamic Banking and Finance: New Perspective on Profit- Sharing and Risk [internet]. The Fourth International Conference on Islamic Economics and Banking. 2000 Agust 13-15; Loughborough University, United Kingdom. Loughborough University (UK): Edward Elgar Publishing Limited. Hlm 40-56. Available at: http://www.iefpedia.com/english/wpcontent/uploads/2013/06/International_Conference_on_Islamic_Economics_andBookos.org_.pdf
Amri, K. (2008). Budi daya Udang Vaname secara Intensif, Semi Intensif, dan Tradisional [Vaname Shrimp Cultivation: Intensive, Semi Intensive, and Traditional]. Jakarta (ID): P.T. Gramedia
Anjani. (2013). “Analisis Efektivitas Pembiayaan Syariah bagi Sektor Pertanian pada KBMT Ibadurrahman, Ciawi, Bogor [Analysis of Effectivity of Sharia Financing for Agriculture Sector on KBMT Ibadurrahman]”. [Thesis]. Bogor (ID): Institut Pertanian Bogor.
Ariansyach. (2009). “Pengaruh Program Pemberdayaan Ekonomi Masyarakat Pesisir (PEMP) terhadap Pendapatan Masyarakat Pesisir Kabupaten Sukabumi, Provinsi Jawa Barat [The Effect of Economic Empowerment Program for Coastal societies on their Income in Sukabumi Regency, West Java]”. [Thesis]. Bogor (ID): Institut Pertanian Bogor.
Azzahrah. (2014). “Analisis Faktor-Faktor yang Memengaruhi Permintaan Pembiayaan Mudharabah bagi UMKM dan Efektivitas Pembiayaan Mudharabah bagi UMKM pada BMT X Jakarta [Analysis of Factors Affect the Demand of Mudharabah Financing for UMKM and It’s Effectivity for UMKM in BMT X Jakarta]”. [Thesis]. Bogor (ID): Institut Pertanian Bogor.
BAKOSURTANAL, Pusat Survei Sumber Daya Alam Laut. 2006. Buku Tahunan [Annual Book]. Bogor. Available at: www.bakosurtanal.go.id
Beik, et al. (2013). Pengembangan Konsep Islamic Poverty Line [The Concept Development of Islamic Poverty Line]. [Final Report]. Lembaga Penelitian dan Pengabdian kepada Masyarakat, Institut Pertanian Bogor.
Badan Pusat Statistik Provinsi Lampung. (2014). Garis Kemiskinan Provinsi Lampung menurut Kabupaten/Kota, 2008-2013 [Poverty Line of Lampung Province Based on Regency/City, 2008-2013]. Available at: lampung.bps.go.id
Clark, S. et al. (1981). On indices for the measurement of poverty. The Economic Journal, 91(362), 515-526.
Direktorat Jenderal Pengolahan dan Pemasaran Hasil Perikanan Kementerian Kelautan dan Perikanan. 2011. P2HP Dalam Angka 2010 [P2HP in Number 2010]. Available at: kkp.go.id
Effendi J. (2013). The Role of Islamic Microfinance in Poverty Alleviation and Environmental Awareness in Pasuruan, East Java, Indonesia. [Dissertation]. Available at: http://www.sub.uni-goettingen.de
Fauzi A. (2005). Kebijakan Perikanan dan Kelautan: isu, sintesis, dan gagasan [Policies of Fisheries and Marine: Issue, Syntesis, and Idea]. Gramedia Pustaka Utama: Jakarta (ID).
Ghafar A. I. (2006). Does the Islamic financial system design matter? Emerald Available at: http://www.1stethical.com /wpcontent/uploads/2010/07/Does_the_Islamic_financial_system_design_matter.pdf
Ita S. and Rahman A. (2011). “Evaluasi Penerapan Pembiayaan Mudharabah dan Pengaruhnya terhadap Laba Perusahaan [Evaluation of Application of Mudharabah Financing and Its Effect on Company Profit]”. [Journal]. Jurnal Ilmiah Ranggadang Volume 11, Nomor 3, April 2011.
Jannah. (2014). 25% Penduduk Miskin adalah Nelayan. [25% of Poor Societies were Fishermen]. Available at: http://economy.okezone.com/read/2014/11/24/320/1069854/25-penduduk-miskin-adalah-nelayan. [4 Juli 2015]
Otoritas Jasa Keuangan. (2008). Undang-Undang Nomor 21 Tahun 2008 tentang Perbankan Syariah. Available at: http://www.ojk.go.id/undang-undang-nomor-21-tahun-2008-tentang-perbankan-syariah
Rodiana. (2014). “Efektivitas Penerapan Bayar Pascapanen pada Pengembalian Pembiayaan Akad Murabahah Pertanian Padi di BMT As-Salam, Kramat, Demak. [The Effectivity of Post-Harvest Repayment on Murabahah Financing in BMT As-Salam, Kramat, Demak]”. [Thesis]. Bogor (ID): Institut Pertanian Bogor.
Sadr K. and Iqbal Z. (2000). Choice between debt and equity contracts and asymmetrical information: some empirical evidence. In: Iqbal M, LIewellyn DT, editor. Buku_Islamic Banking and Finance: New Perspective on Profit- Sharing and Risk. The Fourth International Conference on Islamic Economics and Banking. 2000 Agust 13-15; Loughborough University, United Kingdom. 23 Loughborough University (UK): Edward Elgar Publishing Limited. Hlm 40-56. Available at: http://www.iefpedia.com/english/wp- content/uploads/2013/06/International_Conference_on_Islamic_Economics_andBookos.org_.pdf
Sajogyo. (1996). Memahami dan Menanggulangi Kemiskinan di Indonesia [Understanding and Eradicating Poverty in Indonesia]. Bogor (ID): P.T. Grasindo.
Sugiyono. (2010). Memahami Penelitian Kualitatif [Understanding Qualitative Research]. Bandung (ID): Alfabeta.
Sugiyono. (2011). Metode Penelitian Kuantitatif Kualitatif dan R&D [Quantitative, Qualitative, and R&D Research Method]. Bandung (ID): Alfabeta.
Soemitra A. (2009). Bank dan Lembaga Keuangan Syariah [Bank and Sharia Financial Institution]. Jakarta (ID): Prenada Media Group.
Walpole R.E. (2005). Pengantar Statistika Edisi ke-3. [Statistic Method: Third Edition]. Jakarta (ID): P.T. Gramedia.
Yousfi O. (2013). Does PLS solve moral hazard problem? JIEBF. Available at: http://www.isu.ac.ir/farsi/Academics/economics/edu/dlc/2rd/02/instructor/art2.pdf
DOI: https://doi.org/10.18196/jesp.18.2.4036
Refbacks
- There are currently no refbacks.
Copyright (c) 2018 Jurnal Ekonomi & Studi Pembangunan
Office:
Redaksi JESP UMY, Gedung E2 Lantai 2, Fakultas Ekonomi dan Bisnis, Universitas Muhammadiyah Yogyakarta
Jalan Brawijaya, Tamantirto, Kasihan, Bantul, Daerah Istimewa Yogyakarta 55183
Telp: (0274) 387656 ext.184
Fax: (0274) 387646
Email: jesp@umy.ac.id
Jurnal Ekonomi & Studi Pembangunan (JESP) is licensed under Creative Commons Attribution-ShareAlike 4.0 International.