Plecit Bank is Blessing or Suffering? A Study on Moral Perspective in Banyumas Regency Cover Image

Plecit Bank is Blessing or Suffering? A Study on Moral Perspective in Banyumas Regency
Plecit Bank is Blessing or Suffering? A Study on Moral Perspective in Banyumas Regency

Author(s): Ratna Kartika WATI, Zuraini JAMIL
Subject(s): Economy, National Economy, Business Economy / Management
Published by: ASERS Publishing
Keywords: Plecit bank; interest rate; credit; moneylenders; non-bank financial institutions; moral perspective;

Summary/Abstract: This study examines the existence of Plecit bank that provides blessings or suffering for the community. This study uses an interpretive approach to explore more deeply the problems that occur. Data collection was conducted by interview and observation techniques. The results show that there is an exploitative correlation that utilizes borrowers in perpetuating their business by applying high interest rates. Interest slavery grips the borrowers resulting difficulties paying off their loans. So based on a moral perspective, the credit service of the Plecit bank is not based on the conscience principle but rather gives suffering, not a blessing.

  • Issue Year: XIV/2019
  • Issue No: 66
  • Page Range: 1116-1124
  • Page Count: 9
  • Language: English