Open AccessLoan (Salang Pinjam) Agreement with Profit Sharing of Agricultural Land in Toboh Gadang Village, Padang Pariaman Regency
Author(s) -
Suryani Diana,
Kurnia Warman,
Jean Elvardi
Publication year - 2019
Publication title -
international journal of multicultural and multireligious understanding
Language(s) - English
Resource type - Journals
ISSN - 2364-5369
DOI - 10.18415/ijmmu.v6i3.899
Subject(s) - loan , livelihood , agriculture , profit sharing , profit (economics) , business , agrarian society , finance , economics , geography , archaeology , microeconomics
The majority of the Minangkabau people still live in their hometowns in West Sumatra Province and live in a rural atmosphere by having a main livelihood in agriculture. Loan agreement with profit sharing is an agreement that occurs in the Minangkabau customary community whose object is inheritance. This agreement has been carried out for a long time. In fact, it has become a habit until now. This agreement is carried out with the aim of meeting financial needs. The research problems of this thesis include: 1) How is the process of making and implementing loan agreements with profit sharing of agricultural land in Toboh Gadang Village, Padang Pariaman Regency, 2) How is the process of redemption or completion of loan agreements with profit sharing of agricultural land in Toboh Gadang Village, Padang Pariaman Regency, 3) How is the validity of the loan agreement based on the Agrarian Law. This research was conducted by using empirical juridical research method. The results of the research showed that the form of a loan agreement with profit sharing is made by the parties in the form of a private agreement letter.