FINANCIAL LITERACY AND FINANCIAL INCLUSION ON SUSTAINABLE CREDIT DECISIONS THROUGH FINANCIAL BEHAVIOR : A STUDY OF MERAUKE MSMES
Keywords:
Financial Literacy, Financial Inclusion, Financial Behavior, Sustainable Credit Decisions, MSMEs
Abstract
Study This aim For analyze impact financial literacy and financial inclusion to taking decision sustainable credit through Financial behavior of MSMEs in Merauke City. Problems study leave from low financial literacy perpetrator business as well as limited utilization service formal finance, which causes decision credit often taken without careful consideration. Research This use method quantitative with population as many as 3.777 MSMEs. The sampling technique sample done with purposive sampling and quota sampling methods, with amount respondents as many as 120 MSMEs in Merauke City. Data collected through questionnaire Likert scale, then analyzed using Structural Equation Modeling Partial Least Squares (SEM-PLS). The research results show that financial literacy No influential significant to taking decision credit sustainable. Financial inclusion also not influential significant to sustainable credit decisions. On the other hand, financial behavior proven influential positive and significant to decision credit sustainable. Furthermore, the results of the mediation test show that financial literacy and financial inclusion influential No direct to decision credit sustainable through financial behavior. Findings This confirm that understanding and access finance Not yet Enough push decision sustainable credit if No reflected in financial behavior everyday. Therefore, literacy and inclusion programs are needed finances that are not only emphasize aspect knowledge, but also formation behavior healthy finances among Merauke MSMEs.
References
Ahmed Hassan, R. A. (2024). Financial Inclusion in Muslim-Majority Countries: Overcoming Economic and Social Challenges Through Islamic Lending. Invest Journal of Sharia & Economic Law, 4(1), 46–73. https://doi.org/10.21154/invest.v4i1.8340
Amidjono, D. S. (2021). Self Efficacy dan Financial Behavior Wirausaha Muda Jawa Timur di masa Pandemi Covid-19. Jurnal Manajemen Dan Usahawan Indonesia. https://scholarhub.ui.ac.id/jmui/vol44/iss2/5/
Anand, S., Mishra, K., Verma, V., & Taruna, T. (2020). Financial literacy as a mediator of personal financial health during COVID-19: A structural equation modelling approach. Emerald Open Research, 2, 59. https://doi.org/10.35241/emeraldopenres.13735.1
Dwi Ariani, A., Zouly, D., Cahyono, I., & Azizah, R. N. (2024). Pemberdayaan UMKM sebagai Strategi Pemerintah untuk Mengurangi Kemiskinan di Indonesia Tahun 2020-2023. https://journal.civiliza.org/index.php/jess
Dwi Puspasari, S., Hakim, L., Reno Kemalasari, P., Studi Manajemen, P., & Ekonomi dan Bisnis Universitas Teknologi Sumbawa, F. (2020). Pengaruh Literasi Keuangan dan Inklusi Keuangan Terhadap Pengambilan Kredit Petani Jagung Desa Jotang Pada BRI. In JEBI (Vol. 05, Issue 01).
Fadli, Z., Siana Ria, M., Zul Fadli, M., Parju, M., & Ni Luh Putu Nita Yulianti, Ms. (2025). Dasar - dasar Manajemen Keuangan. Gita Lentera. https://gitalentera.com
Fahrozi, F., & Uyun, M. (2023). Peran Faktor Psikologis Dalam Membentuk Perilaku Keuangan Pada Nasabah Perbankan Syariah. Jesya, 7(1), 530–536. https://doi.org/10.36778/jesya.v7i1.1395
Farahdilla, D., & Shintia Dewi, A. (2022). Pengaruh Financial Behavior, Financial Attitude dan Demografi pada Financial Management Behavior (Studi Kasus Usia Produktif Di Kota Cilegon). Jurnal Ilmiah MMEA, 6(3), 973–982.
Farida, M. N., Soesatyo, Y., & Aji, T. S. (2021). Influence of Financial Literacy and Use of Financial Technology on Financial Satisfaction through Financial Behavior. International Journal of Education and Literacy Studies, 9(1), 86. https://doi.org/10.7575/aiac.ijels.v.9n.1p.86
Ganes, N., Utami, P., Isbanah, Y., Surabaya, U. N., & Surabaya, I. (2023). Pengaruh financial literacy, financial attitude, financial technology, self-control, dan hedonic lifestyle terhadap financial behavior.
Hair, Jr., J. F., M. Hult, G. T., M. Ringle, C., & Sarstedt, M. (2022). A Primer on Partial Least Squares Structural Equation Modeling (PLS-SEM) [3ed]. In Angewandte Chemie International Edition, 6(11), 951–952. (Vol. 3, Issue 1).
Hasibuan, I. M. (2024). Kendala Aksesibilitas Pembiayaan Usaha Mikro Kecil Dan Menengah (Umkm) Dari Lembaga Keuangan Obstacles Of Accessibility Of Financing For Micro Small And Medium Enterprises (Msmes) From Financial Institutions.
Iqbal, M., & Prapanca, D. (2024). The Role of Financial Literacy, Financial Inclusion, Financial Behavior on Investment Decisions of Generation Z in Jabon District, Sidoarjo Regency: Peran Literasi archive.umsida.ac.id. https://archive.umsida.ac.id/index.php/archive/preprint/view/3958
Lesley Munyaneza, by. (2025). The Impact of Behavioural Bias in Credit Risk Decision-Making.
Ismali, Turu Djanggo, R. P., Maelvidiri, W., Luh Putu Nita Yulianti, N., & Bulkis Ramli, R. (2024). Peningkatan Literasi Keuangan Syariah Pada Mahasiswa Papua Bagian Selatan. Abdimas Langkane. https://pusdig.web.id/index.php/abdimas/index
Liu, M. , H. Y. , L. C. , & W. S. (2023). The influence of financial knowledge on the credit behaviour of small and micro enterprises: the knowledge-based view. Journal of Knowledge Management, 27(1), 208–229.
Masdiantini, P. R., Savitri, N. L. A., & Devi, S. (2023). Credit Decisions Making Through the Use of Information Company’s Financial Performance and Environmental Performance. Jurnal Ilmiah Akuntansi, 8(1), 132–146. https://doi.org/10.23887/jia.v8i1.53882
Nasution. (2025). Pengaruh Literasi Keuangan, Inklusi Keuangan, Gaya Hidup, Dan Financial Technology Terhadap Perilaku Keuangan Pegawai PT. X di SUMUT. Owner, 9(1), 542–556. https://doi.org/10.33395/owner.v9i1.2428
Nasution, U. I., Kamilah, & Rahmani, A. B. N. (2024). The Influence Of Financial Inclusion And Financial Literacy On Financial Performance (Case Study Of Bank Sumut Syariah Panyabungan). Ekombis Review: Jurnal Ilmiah Ekonomi Dan Bisnis, 12(1), 1–10. https://doi.org/10.37676/ekombis.v1
Nathadiharja, S. S. (2024). Pengantar Manajemen Keuangan Perusahaan. Gita Lentera.
Otoritas Jasa Keuangan. (2025). Strategi Nasional Literasi Keuangan Indonesia (SNLKI) 2021 - 2025.
Potrich, A. C. G., & Vieira, K. M. (2018). Demystifying financial literacy: a behavioral perspective analysis. Management Research Review, 41(9), 1047–1068. https://doi.org/10.1108/MRR-08-2017-0263
Prihatni, R., Baroto, Y., Simbolon, H. O., Amalia, D., & ... (2024). Analisis Literasi Keuangan Dan Inklusi Keuangan Di Indonesia: Strategi untuk Meningkatkan Kesejahteraan Finansial Masyarakat.
Prymostka, L. O., Krasnova, І., Prymostka, O., & ... (2020). Financial inclusion in Ukraine: determinants and evaluation. Financial and Credit …. https://www.fkd.net.ua/index.php/fkd/article/view/3012
Rai, K., Dua, S., & Yadav, M. (2019). Association of Financial Attitude, Financial Behaviour and Financial Knowledge Towards Financial Literacy: A Structural Equation Modeling Approach. FIIB Business Review, 8(1), 51–60. https://doi.org/10.1177/2319714519826651
Reddy, K., Wallace, D., & Wellalage, N. H. (2024). The impact of financial literacy on financial inclusion. Australian Journal of Management. https://doi.org/10.1177/03128962241270809
Rizky Rahmania, N., & Noerman Ningtyas, M. (2022). Peran Perilaku Keuangan Dalam Memoderasi Literasi Keuangan dan Inklusi Keuangan Terhadap Keputusan Pengambilan Kredit. 11, 477–508. https://www.journal.unrika.ac.id/index.php/jurnaldms
Sari, R. I., & Fahamsyah, M. H. (2025). Pengaruh Literasi Keuangan, Inklusi Keuangan Dan Sikap Keuangan Terhadap Keputusan Investasi. Jurnal Ilmiah Manajemen, Ekonomi …. https://journal.stiemb.ac.id/index.php/mea/article/view/5472
Savira, N. P., Ekonomi, F., Bisnis, D., & Meliza, P. (2024). Dampak Literasi Keuangan dan Pendapatan terhadap Keputusan Investasi dengan Perilaku Keuangan sebagai Variabel Intervening.
Suaebah, E., Suciati, F., & Zaky, M. (2021). Literasi Keuangan Melalui Inklusi Keuangan Untuk Meningkatkan Kesejahteraan Petani Tanaman Holtikultura Daratan Tinggi Sukabumi. Jurnal Ilmiah MEA/JIMEA, 5(3).
Tamara, D., & Maharani, A. (2024). How Millennials Make Investment Decisions: Financial Literacy and Financial Behavior. Economics and Finance in Indonesia. https://scholarhub.ui.ac.id/efi/vol70/iss2/4/
Amidjono, D. S. (2021). Self Efficacy dan Financial Behavior Wirausaha Muda Jawa Timur di masa Pandemi Covid-19. Jurnal Manajemen Dan Usahawan Indonesia. https://scholarhub.ui.ac.id/jmui/vol44/iss2/5/
Anand, S., Mishra, K., Verma, V., & Taruna, T. (2020). Financial literacy as a mediator of personal financial health during COVID-19: A structural equation modelling approach. Emerald Open Research, 2, 59. https://doi.org/10.35241/emeraldopenres.13735.1
Dwi Ariani, A., Zouly, D., Cahyono, I., & Azizah, R. N. (2024). Pemberdayaan UMKM sebagai Strategi Pemerintah untuk Mengurangi Kemiskinan di Indonesia Tahun 2020-2023. https://journal.civiliza.org/index.php/jess
Dwi Puspasari, S., Hakim, L., Reno Kemalasari, P., Studi Manajemen, P., & Ekonomi dan Bisnis Universitas Teknologi Sumbawa, F. (2020). Pengaruh Literasi Keuangan dan Inklusi Keuangan Terhadap Pengambilan Kredit Petani Jagung Desa Jotang Pada BRI. In JEBI (Vol. 05, Issue 01).
Fadli, Z., Siana Ria, M., Zul Fadli, M., Parju, M., & Ni Luh Putu Nita Yulianti, Ms. (2025). Dasar - dasar Manajemen Keuangan. Gita Lentera. https://gitalentera.com
Fahrozi, F., & Uyun, M. (2023). Peran Faktor Psikologis Dalam Membentuk Perilaku Keuangan Pada Nasabah Perbankan Syariah. Jesya, 7(1), 530–536. https://doi.org/10.36778/jesya.v7i1.1395
Farahdilla, D., & Shintia Dewi, A. (2022). Pengaruh Financial Behavior, Financial Attitude dan Demografi pada Financial Management Behavior (Studi Kasus Usia Produktif Di Kota Cilegon). Jurnal Ilmiah MMEA, 6(3), 973–982.
Farida, M. N., Soesatyo, Y., & Aji, T. S. (2021). Influence of Financial Literacy and Use of Financial Technology on Financial Satisfaction through Financial Behavior. International Journal of Education and Literacy Studies, 9(1), 86. https://doi.org/10.7575/aiac.ijels.v.9n.1p.86
Ganes, N., Utami, P., Isbanah, Y., Surabaya, U. N., & Surabaya, I. (2023). Pengaruh financial literacy, financial attitude, financial technology, self-control, dan hedonic lifestyle terhadap financial behavior.
Hair, Jr., J. F., M. Hult, G. T., M. Ringle, C., & Sarstedt, M. (2022). A Primer on Partial Least Squares Structural Equation Modeling (PLS-SEM) [3ed]. In Angewandte Chemie International Edition, 6(11), 951–952. (Vol. 3, Issue 1).
Hasibuan, I. M. (2024). Kendala Aksesibilitas Pembiayaan Usaha Mikro Kecil Dan Menengah (Umkm) Dari Lembaga Keuangan Obstacles Of Accessibility Of Financing For Micro Small And Medium Enterprises (Msmes) From Financial Institutions.
Iqbal, M., & Prapanca, D. (2024). The Role of Financial Literacy, Financial Inclusion, Financial Behavior on Investment Decisions of Generation Z in Jabon District, Sidoarjo Regency: Peran Literasi archive.umsida.ac.id. https://archive.umsida.ac.id/index.php/archive/preprint/view/3958
Lesley Munyaneza, by. (2025). The Impact of Behavioural Bias in Credit Risk Decision-Making.
Ismali, Turu Djanggo, R. P., Maelvidiri, W., Luh Putu Nita Yulianti, N., & Bulkis Ramli, R. (2024). Peningkatan Literasi Keuangan Syariah Pada Mahasiswa Papua Bagian Selatan. Abdimas Langkane. https://pusdig.web.id/index.php/abdimas/index
Liu, M. , H. Y. , L. C. , & W. S. (2023). The influence of financial knowledge on the credit behaviour of small and micro enterprises: the knowledge-based view. Journal of Knowledge Management, 27(1), 208–229.
Masdiantini, P. R., Savitri, N. L. A., & Devi, S. (2023). Credit Decisions Making Through the Use of Information Company’s Financial Performance and Environmental Performance. Jurnal Ilmiah Akuntansi, 8(1), 132–146. https://doi.org/10.23887/jia.v8i1.53882
Nasution. (2025). Pengaruh Literasi Keuangan, Inklusi Keuangan, Gaya Hidup, Dan Financial Technology Terhadap Perilaku Keuangan Pegawai PT. X di SUMUT. Owner, 9(1), 542–556. https://doi.org/10.33395/owner.v9i1.2428
Nasution, U. I., Kamilah, & Rahmani, A. B. N. (2024). The Influence Of Financial Inclusion And Financial Literacy On Financial Performance (Case Study Of Bank Sumut Syariah Panyabungan). Ekombis Review: Jurnal Ilmiah Ekonomi Dan Bisnis, 12(1), 1–10. https://doi.org/10.37676/ekombis.v1
Nathadiharja, S. S. (2024). Pengantar Manajemen Keuangan Perusahaan. Gita Lentera.
Otoritas Jasa Keuangan. (2025). Strategi Nasional Literasi Keuangan Indonesia (SNLKI) 2021 - 2025.
Potrich, A. C. G., & Vieira, K. M. (2018). Demystifying financial literacy: a behavioral perspective analysis. Management Research Review, 41(9), 1047–1068. https://doi.org/10.1108/MRR-08-2017-0263
Prihatni, R., Baroto, Y., Simbolon, H. O., Amalia, D., & ... (2024). Analisis Literasi Keuangan Dan Inklusi Keuangan Di Indonesia: Strategi untuk Meningkatkan Kesejahteraan Finansial Masyarakat.
Prymostka, L. O., Krasnova, І., Prymostka, O., & ... (2020). Financial inclusion in Ukraine: determinants and evaluation. Financial and Credit …. https://www.fkd.net.ua/index.php/fkd/article/view/3012
Rai, K., Dua, S., & Yadav, M. (2019). Association of Financial Attitude, Financial Behaviour and Financial Knowledge Towards Financial Literacy: A Structural Equation Modeling Approach. FIIB Business Review, 8(1), 51–60. https://doi.org/10.1177/2319714519826651
Reddy, K., Wallace, D., & Wellalage, N. H. (2024). The impact of financial literacy on financial inclusion. Australian Journal of Management. https://doi.org/10.1177/03128962241270809
Rizky Rahmania, N., & Noerman Ningtyas, M. (2022). Peran Perilaku Keuangan Dalam Memoderasi Literasi Keuangan dan Inklusi Keuangan Terhadap Keputusan Pengambilan Kredit. 11, 477–508. https://www.journal.unrika.ac.id/index.php/jurnaldms
Sari, R. I., & Fahamsyah, M. H. (2025). Pengaruh Literasi Keuangan, Inklusi Keuangan Dan Sikap Keuangan Terhadap Keputusan Investasi. Jurnal Ilmiah Manajemen, Ekonomi …. https://journal.stiemb.ac.id/index.php/mea/article/view/5472
Savira, N. P., Ekonomi, F., Bisnis, D., & Meliza, P. (2024). Dampak Literasi Keuangan dan Pendapatan terhadap Keputusan Investasi dengan Perilaku Keuangan sebagai Variabel Intervening.
Suaebah, E., Suciati, F., & Zaky, M. (2021). Literasi Keuangan Melalui Inklusi Keuangan Untuk Meningkatkan Kesejahteraan Petani Tanaman Holtikultura Daratan Tinggi Sukabumi. Jurnal Ilmiah MEA/JIMEA, 5(3).
Tamara, D., & Maharani, A. (2024). How Millennials Make Investment Decisions: Financial Literacy and Financial Behavior. Economics and Finance in Indonesia. https://scholarhub.ui.ac.id/efi/vol70/iss2/4/
Published
2025-11-30
How to Cite
Putu Nita Yulianti, N., Rachman, A. M., Wati, C. H. S., & Richard, Y. F. (2025). FINANCIAL LITERACY AND FINANCIAL INCLUSION ON SUSTAINABLE CREDIT DECISIONS THROUGH FINANCIAL BEHAVIOR : A STUDY OF MERAUKE MSMES. Jurnal Ilmiah Manajemen, Ekonomi, & Akuntansi (MEA), 9(3), 2025-2040. https://doi.org/10.31955/mea.v9i3.6549
Section
Articles
Copyright (c) 2025 Jurnal Ilmiah Manajemen, Ekonomi, & Akuntansi (MEA)
This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.
