THE EFFECT OF FINANCIAL LITERACY AND FINANCIAL INCLUSION ON THE FINANCIAL PERFORMANCE OF MSMES IN TOMOHON CITY AND MINAHASA REGENCY
DOI:
https://doi.org/10.29121/granthaalayah.v14.i2.2026.6523Keywords:
Financial Literacy, Financial Inclusion, Financial Performance, MSMEsAbstract [English]
This study aims to analyze the effect of financial literacy and financial inclusion on the financial performance of Micro, Small, and Medium Enterprises (MSMEs) in Tomohon City and Minahasa Regency. The research employed a quantitative approach using multiple linear regression analysis. The sample consisted of MSME owners operating in these regions. The results indicate that: (1) financial literacy has a positive and significant effect on the financial performance of MSMEs; (2) financial inclusion has a positive and significant effect on financial performance; and (3) both variables simultaneously influence MSME financial performance significantly. The findings highlight the importance of improving financial education and expanding access to formal financial services to strengthen MSME performance.
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Copyright (c) 2026 Victoria Neisye Untu, Silcyljeova Moniharapon, Mirah Helen Rogi
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