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Local wisdom in rural microfinance: a descriptive study on villagers of East Sumba

Like Soegiono, Apriani Dorkas Rambu Atahau, Harijono Harijono, Andrian Dolfriandra Huruta · 2019 · Journal of Entrepreneurship and Sustainability Issues

Summary. Rural villagers in East Sumba, Indonesia use local wisdom practices for saving and investing to overcome limited access to formal financial services. The study documents how communities apply traditional knowledge and bottom-up approaches to microfinance, reducing poverty and improving financial inclusion. Local governments can adopt culture-led development policies that integrate these existing community practices into microfinance programs.

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Soegiono, L., Atahau, A. D. R., Harijono, H., & Huruta, A. D.. (2019). Local wisdom in rural microfinance: a descriptive study on villagers of East Sumba. Journal of Entrepreneurship and Sustainability Issues. https://doi.org/10.9770/jesi.2019.6.3(30)

Details

DOI
10.9770/jesi.2019.6.3(30)
Countries
Indonesia
Regions
Asia
Categories
funding, policy, entrepreneurship
Added
2026-04-28