Russian Journal of Agricultural and Socio-Economic Sciences (Jun 2024)
FACTORS AFFECTING INTEREST IN NON-BANK CAPITAL FINANCING AMONG TILAPIA FISH FARMERS USING FLOATING NET CAGES: A CASE OF BARITO KUALA REGENCY, SOUTH KALIMANTAN, INDONESIA
Abstract
In Barito Kuala Regency, the cultivation of tilapia fish in Floating Net Cages has been rapidly growing since 2011. Fish farming groups utilizing wooden cages actively engage in the Operational Cooperation System (KSO) with grants for floating net cages, where the borrowed cages are fully managed by the fish farmers. The study aims to analyze the factors influencing the interest in non-bank business capital financing among tilapia fish farmers in Floating Net Cages in Barito Kuala Regency. The research is conducted in the Marabahan and Bakumpai Districts of Barito Kuala Regency, considering that the majority of tilapia fish farmers in Floating Net Cages are located in these two districts. The research subjects are the managers and members of fish farming groups (Pokdakan) cultivating tilapia fish in Barito Kuala Regency. The research sample is purposively selected. The key factors influencing the interest in non-bank business capital financing among tilapia fish farmers in Floating Net Cages in Barito Kuala Regency are the number of floating net cages and the source of capital. These factors need to be considered in the development of policies and financing strategies to support the sustainability and growth of tilapia fish farming businesses in Barito Kuala Regency.