Factors affecting the sustainability of fintech financing system for vegetable and fruit farmers in Yogyakarta, Indonesia Trisna Al Hadji AT (a*), Jamhari (b), Irham (b)
a) Student of Master Program in Agribusiness, Faculty of Agriculture, Gadjah Mada University
Jalan Flora, Bulaksumur, Yogyakarta 555281, Indonesia
*trisnaal95[at]mail.ugm.ac.id
b) Department of Agricultural Socioeconomics, Faculty of Agriculture, Gadjah Mada University, Yogyakarta, Indonesia
Jalan Flora, Bulaksumur, Yogyakarta 555281, Indonesia
Abstract
Financial technology (Fintech) offers capital cash through a financing system that is claimed to be easier to access because it uses digitalized technology. This study has three objectives: (1) to know the vegetable and fruit farmer^s attitudes towards the fintech, (2) to assess the level of sustainability of the fintech, and (3) to analyze factors that affect the fintech sustainability of vegetable and fruit farmers. 87 farmers of fintech institution partners were interviewed. The variable will be analyzed by applying an interval scale, proportion test, and z test. OLS regression model is used to determine the factors that affect the sustainability of fintech. The results of the study showed that the vegetable and fruit farmers have a positive attitude towards the Fintech financing system. Based on the proportion test, more than 50% of the vegetable and fruit farmers who have willingness to continue using the Fintech financing system and this has been proven by comparing the Zscore and the Ztable. Furthermore, the factors that influence the sustainability of the Fintech financing system are ease of use, farmer attitudes, cost transactions, education level, farming experience, and land area.
Keywords: Fintech, vegetable and fruit farmers, attitude, cash capital, willingness to continue, sustainability
