Economic empowerment of unbanked women through financial inclusion in Indonesia
This study aims to elucidate the economic empowerment of unbanked women within the National Pension Savings Bank (BTPN) Sharia, focusing on the role of financial inclusion. It investigates how enhanced access to financing impacts the income and savings of the womenfolk operating home-based businesse...
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| Format: | Article |
| Language: | English |
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Taylor & Francis Group
2024-12-01
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| Series: | Cogent Business & Management |
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| Online Access: | https://www.tandfonline.com/doi/10.1080/23311975.2024.2407921 |
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| author | Yenti Afrida Irwan Abdullah Zaenuddin Hudi Prasojo Muthia Ulfah Putri Ananda Saka Jumni Nelli |
| author_facet | Yenti Afrida Irwan Abdullah Zaenuddin Hudi Prasojo Muthia Ulfah Putri Ananda Saka Jumni Nelli |
| author_sort | Yenti Afrida |
| collection | DOAJ |
| description | This study aims to elucidate the economic empowerment of unbanked women within the National Pension Savings Bank (BTPN) Sharia, focusing on the role of financial inclusion. It investigates how enhanced access to financing impacts the income and savings of the womenfolk operating home-based businesses in West Sumatra, Indonesia, using a qualitative methodology to delve into the empowerment pattern of unbanked women at BTPN Sharia. Data collection consisted of in-depth interviews and questionnaires, sourced from various stakeholders, such as customers, community officers, and BTPN Sharia leaders, followed by a thorough qualitative and descriptive analysis. The findings showed that the economic empowerment of unbanked women, driven by financial inclusion, is achieved through an initial membership training program consisting of financial literacy, management, and savings. This program also offers convenient access to financing and subsequent assistance, all conducted in a participatory manner referred to as ‘baropok’, where women gather in a circle, facing the community officer. The financial inclusion-based empowerment model, emphasizing easy access to financing, has a positive impact on the income and savings of women engaged in home industry businesses in West Sumatra. These findings hold significant implications for the academic discourse on the economic empowerment of unbanked women within the framework of financial inclusion in Islamic Commercial banks. |
| format | Article |
| id | doaj-art-1cc3b4a67a7c4fe6b0e7aaa4b35fe2e0 |
| institution | OA Journals |
| issn | 2331-1975 |
| language | English |
| publishDate | 2024-12-01 |
| publisher | Taylor & Francis Group |
| record_format | Article |
| series | Cogent Business & Management |
| spelling | doaj-art-1cc3b4a67a7c4fe6b0e7aaa4b35fe2e02025-08-20T01:55:09ZengTaylor & Francis GroupCogent Business & Management2331-19752024-12-0111110.1080/23311975.2024.2407921Economic empowerment of unbanked women through financial inclusion in IndonesiaYenti Afrida0Irwan Abdullah1Zaenuddin Hudi Prasojo2Muthia Ulfah3Putri Ananda Saka4Jumni Nelli5Faculty of Islamic Economics and Business, State Islamic University Imam Bonjol, Padang, IndonesiaFaculty of Cultural Sciences, Gadjah Mada University, Yogyakarta, IndonesiaState Islamic Institute (IAIN) of West Borneo IndonesiaFaculty of Islamic Economics and Business, State Islamic University Imam Bonjol, Padang, IndonesiaFaculty of Cultural Sciences, Gadjah Mada University, Yogyakarta, IndonesiaFaculty of Sharia, State Islamic University Sultan Syarif Kasim Riau, Pekanbaru, IndonesiaThis study aims to elucidate the economic empowerment of unbanked women within the National Pension Savings Bank (BTPN) Sharia, focusing on the role of financial inclusion. It investigates how enhanced access to financing impacts the income and savings of the womenfolk operating home-based businesses in West Sumatra, Indonesia, using a qualitative methodology to delve into the empowerment pattern of unbanked women at BTPN Sharia. Data collection consisted of in-depth interviews and questionnaires, sourced from various stakeholders, such as customers, community officers, and BTPN Sharia leaders, followed by a thorough qualitative and descriptive analysis. The findings showed that the economic empowerment of unbanked women, driven by financial inclusion, is achieved through an initial membership training program consisting of financial literacy, management, and savings. This program also offers convenient access to financing and subsequent assistance, all conducted in a participatory manner referred to as ‘baropok’, where women gather in a circle, facing the community officer. The financial inclusion-based empowerment model, emphasizing easy access to financing, has a positive impact on the income and savings of women engaged in home industry businesses in West Sumatra. These findings hold significant implications for the academic discourse on the economic empowerment of unbanked women within the framework of financial inclusion in Islamic Commercial banks.https://www.tandfonline.com/doi/10.1080/23311975.2024.2407921Financial inclusioneconomic empowermentunbanked womenEconomicsBusinessManagement |
| spellingShingle | Yenti Afrida Irwan Abdullah Zaenuddin Hudi Prasojo Muthia Ulfah Putri Ananda Saka Jumni Nelli Economic empowerment of unbanked women through financial inclusion in Indonesia Cogent Business & Management Financial inclusion economic empowerment unbanked women Economics Business Management |
| title | Economic empowerment of unbanked women through financial inclusion in Indonesia |
| title_full | Economic empowerment of unbanked women through financial inclusion in Indonesia |
| title_fullStr | Economic empowerment of unbanked women through financial inclusion in Indonesia |
| title_full_unstemmed | Economic empowerment of unbanked women through financial inclusion in Indonesia |
| title_short | Economic empowerment of unbanked women through financial inclusion in Indonesia |
| title_sort | economic empowerment of unbanked women through financial inclusion in indonesia |
| topic | Financial inclusion economic empowerment unbanked women Economics Business Management |
| url | https://www.tandfonline.com/doi/10.1080/23311975.2024.2407921 |
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