Open AccessFINANCIAL LITERACY ON SMALL AND MICRO BUSINESS OF THE INDIGENOUS PEOPLE OF PAPUA IN JAYAPURA CITY
Author(s) -
Anita Erari,
Kurniawan Patma,
Ramasoyan Arung Lamba
Publication year - 2021
Publication title -
modern management review
Language(s) - English
Resource type - Journals
eISSN - 2353-0758
pISSN - 2300-6366
DOI - 10.7862/rz.2021.mmr.23
Subject(s) - financial literacy , indigenous , literacy , business , profit (economics) , finance , economic growth , economics , ecology , biology , microeconomics
This study is a quantitative study that aimed to find the level of financial literacy of Papuan Micro, Small, and Medium Enterprises (MSME) and the factors that influence it. The sample consisted of 75 respondents of MSME actors in Jayapura city at Pasar Mama-Mama Papua. The data was analyzed using multiple linear regression method with SPSS version 22.0. The results showed that (1) the level of financial literacy in Jayapura city is low, (2) there is no influence of gender towards the level of financial literacy, (3) there is an influence of last educational level towards the level of financial literacy, (4) there is no influence of monthly profit towards the level of financial literacy, (5) there is an influence of investment towards the level of financial literacy, (6) there is an influence of borrowing and saving in bank towards the level of financial literacy, (7) there is an influence of insurance towards the level of financialliteracy.