Analysis of the Contribution of Agribusiness Microfinance Institutions on Increasing Farmers Income in Serdang Bedagai District

Abstract

This study aims to determine the existence of agribusiness microfinance institutions (LKMA) and their contribution to farmers' income. The research method used is descriptive quantitative method in Pematang Setrak Village, Teluk Mengkudu District, Serdang Bedagai Regency. Sampling was done randomly with the number of active members in Gapoktan Sri Karya as many as 70 people from 4 farmer groups. The data collected in the form of primary data and secondary data. The analytical method used is descriptive quantitative using Spearman rank correlation analysis and multiple linear regression. The results showed that the LKMA that still exists and has the potential to be developed is the contribution of farmer groups who are members of the Gapoktan who cultivate food plants commodities, while farmers who cultivate livestock and plantation commodities have not been incorporated. The average contribution of LKMA to farmers' income looks very good at 82.31%. The results of the correlation analysis between LKMA as a management and marketing facilitator on farmer's income showed a significant relationship, but LKMA as a financial facilitator did not show a significant relationship to farmers' income. Then the variable amount of assets and savings have a significant effect on farmers' income. But the variable frequency of financing and the amount of savings have no effect on farmers' income. This study recommends the bank or government to provide assistance or guidance in increasing access to capital. To the management of LKMA to further improve the quality of management and member recruitment.

Pengembangan Agribisnis Tanaman Bawang Merah Di Desa Sukajadi Kecamatan Banda Mulia Kabupaten Aceh Tamiang

“…Untuk meningkatkan pendapatan petani diperlukan adanya lembaga pembiayaan dan dukungan pemerintah (Sibuea, M. Buhari, et. all, 2022).…”