Do Socio-economic Factors Drive Peer to Peer Lending? Analysis in Indonesia

Rima Rini, Nanda Wijayanti

2021

Abstract

This study aims to analyse the determinant of p2p lending by examine the social and economic factors to accumulated loan disbursement. Since the increasing number of lender and borrower indicates the higher potential to grow, this study examines the factor affected significantly in p2p lending transactions. The data extracted from Financial Service Authority (OJK) report from 2019-2020 and The National Socioeconomic Survey (Susenas) from Central Bureau of Statistics (BPS). The analysis method uses OLS regression to test each of hypothesis. This study verified that there is relationship between social and economic factor especially formal labour and high education with accumulated loan of borrower. The result leads the regulation and fintech platform to make analysis of social-economic matter regards financial technology-based service. The result of this study has significant implication to p2p lending theoretically since it analyses the social and economic determinant factors by using the secondary data. Practically, the findings of the study could give additional information to reach and engage the user by identify social and economic factors. Few studies identified the determinant by using empirical analysis. Previous study mainly identified the determinant from qualitative reviews and the majority of the studies employ interview to address the determinant factor.

Paper Citation

in Harvard Style

Rini R. and Wijayanti N. (2021). Do Socio-economic Factors Drive Peer to Peer Lending? Analysis in Indonesia. In Proceedings of the 1st International Conference on Emerging Issues in Humanity Studies and Social Sciences - Volume 1: ICE-HUMS, ISBN 978-989-758-604-0, pages 102-109. DOI: 10.5220/0010744900003112

in Bibtex Style

@conference{ice-hums21,
author={Rima Rini and Nanda Wijayanti},
title={Do Socio-economic Factors Drive Peer to Peer Lending? Analysis in Indonesia},
booktitle={Proceedings of the 1st International Conference on Emerging Issues in Humanity Studies and Social Sciences - Volume 1: ICE-HUMS,},
year={2021},
pages={102-109},
publisher={SciTePress},
organization={INSTICC},
doi={10.5220/0010744900003112},
isbn={978-989-758-604-0},
}

in EndNote Style

TY - CONF

JO - Proceedings of the 1st International Conference on Emerging Issues in Humanity Studies and Social Sciences - Volume 1: ICE-HUMS,
TI - Do Socio-economic Factors Drive Peer to Peer Lending? Analysis in Indonesia
SN - 978-989-758-604-0
AU - Rini R.
AU - Wijayanti N.
PY - 2021
SP - 102
EP - 109
DO - 10.5220/0010744900003112