Jurnal Reviu Akuntansi dan Keuangan
Vol. 15 No. 1 (2025): Jurnal Reviu Akuntansi dan Keuangan

Developing A Blended Finance Implementation Model For Community Empowerment In Rural Areas

Zainal Abidin (Sekolah Tinggi Ilmu Ekonomi Indonesia Jakarta, Jakarta Indonesia)
Aden Apandi (Sekolah Tinggi Ilmu Ekonomi Indonesia Jakarta, Jakarta Indonesia)



Article Info

Publish Date
03 Mar 2025

Abstract

Objective: This study analyzes the implementation of blended finance in four rural areas in Indonesia: Gekbrong (Cianjur, West Java), Ulubelu (Tanggamus, Lampung), Sungai Kakap (Kubu Raya, West Kalimantan), and Kahayya (Bulukumba, South Sulawesi). Methodology/approach: Using a funding source mapping and needs analysis approach, this study evaluates the assistance program provided to beneficiaries through various funding sources and examines how these programs can increase their capacity and strengthen their economies. Findings: This study introduces a new scheme for community empowerment that integrates various funding sources with a ranking system to assess the conditions of beneficiaries. It also shows that blended finance has succeeded in increasing the productivity of vegetable farmers in Gekbrong, coffee farmers and livestock breeders in Ulubelu, chili farmers and fishermen in Sungai Kakap, and coffee farmers in Kahayya. Practical implications: Despite facing different challenges in each area, blended finance has proven effective in reducing the gap in access to capital and strengthening local economies. Originality/value: Other regions can adapt this model by implementing policies that encourage collaboration between government, financial institutions, and local communities. PT KMM plays a crucial integrator role in implementing this model.

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Journal Info

Abbrev

jrak

Publisher

Subject

Economics, Econometrics & Finance

Description

Jurnal Reviu Akuntansi dan Keuangan Investasi (JRAK) focuses on the research related on accounting and finance that are relevant for the development of the theory and practice of accounting in Indonesia and southeast asia. JRAK covered various of research approach, namely: quantitative, qualitative ...