A study of money lending philosophy, at the bantul traditional markets, Indonesia

This study investigates the philosophy of the traditional market traders of Bantul Regency, in implementing loan activities. The obstacles encountered in implementing borrowed money, faced by traders in the traditional markets of Bantul Regency, is a principle of money lending. The design of this study is qualitative with descriptive analysis, which involved the traders themselves. It aims to illustrate and describe in detail the philosophical activity in money loans at the sites. Primary and secondary data are used. The informants were selected purposively. The results of the analysis show that the believed philosophy of the traders, in carrying out money loan activities from the providers, was an honest life philosophy. The obstacles faced by the traders were both internal and external. The principle of the money loan activities demanded by traders in the traditional markets in Bantul Regency, in future, is the principle of convenience combined with the law of prudence. © 2020 Elsevier B.V., All rights reserved.