The Effect of Financial Literacy, Financial Management Behavior, Digital Financial Inclusiveness and Internal Factors on the Sustainability of Micro, Small and Medium Enterprises Participating in the PT PNM Mekaar Financing Program

Authors

  • Syofiatul Aziza Arofani Universitas Mataram
  • Adhitya Bayu Suryantara Universitas Mataram

DOI:

https://doi.org/10.55927/ijba.v5i1.13869

Keywords:

MSMEs, Sustainability, Financial

Abstract

This study examines influence of financial literacy, financial management, digital financial inclusiveness, and internal factors on the sustainability of MSMEs with a quantitative approach and descriptive method. Data were obtained through questionnaires distributed to PT PNM Mekaar customers with the criteria of Mekaar Plus customers and loans of 8 million and above. So that 232 customers were obtained as research samples. The data were processed with PLS-SEM analysis using SmartPLS 4.0. The results show that financial management and digital financial inclusivity have a good and large impact on MSME sustainability, while financial literacy has no discernible influence on firm sustainability. Internal factors, such as business type and age and financial record keeping, also contribute to MSME sustainability.

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Published

2025-02-28

How to Cite

Syofiatul Aziza Arofani, & Adhitya Bayu Suryantara. (2025). The Effect of Financial Literacy, Financial Management Behavior, Digital Financial Inclusiveness and Internal Factors on the Sustainability of Micro, Small and Medium Enterprises Participating in the PT PNM Mekaar Financing Program. Indonesian Journal of Business Analytics, 5(1), 1745–1764. https://doi.org/10.55927/ijba.v5i1.13869

Issue

Vol. 5 No. 1 (2025): February 2025

Section

Articles

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Copyright (c) 2025 Syofiatul Aziza Arofani, Adhitya Bayu Suryantara

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