Article Per Year (5 Year)
p-Index From 2020 - 2025
0.888
P-Index
This Author published in this journals
All Journal Humano: Research Journal JURNAL PENDIDIKAN TAMBUSAI Jurnal Bingkai Ekonomi (JBE) International Journal of Applied Business and International Management Maneggio
Muhammad Zais M. Samiun
Faculty of Economics and Business, Khairun University
Arts Humanities Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Education Languange, Linguistic, Communication & Media Social Sciences Other

Published : 5 Documents Claim Missing Document
Claim Missing Document
Check
Articles

Found 1 Documents
Search
Journal : Maneggio

 1 
The Correlation Between Financial Literacy and Microcredit Access on The Profitability of Horticular Farming Enterprises Zais M. Samiun, Muhammad
Maneggio Vol. 2 No. 4 (2025): AUGUST-MJ
Publisher : PT. Anagata Sembagi Education

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.62872/2a8a7v26

Abstract

Horticultural farming plays a vital role in rural livelihoods and agricultural diversification, yet many smallholders struggle with low financial literacy and limited access to affordable credit, which constrains profitability. This study investigates the correlation between financial literacy and microcredit access on the profitability of horticultural farming enterprises. Using a quantitative correlational design, primary data were collected from 200 horticultural farmers through structured questionnaires covering financial literacy indicators, microcredit access, and profitability measures such as net profit margin, return on investment, and gross margin. The data were analyzed using descriptive statistics, Pearson correlation, and multiple linear regression. The results show that financial literacy is strongly correlated with profitability (r = 0.63, p < 0.01), while microcredit access also exhibits a positive but weaker correlation (r = 0.42, p < 0.05). Regression analysis confirms both variables as significant predictors of profitability, with financial literacy (β = 0.46, p < 0.01) exerting greater influence compared to microcredit access (β = 0.28, p < 0.05). The model explains 51% of the variation in profitability, highlighting that credit provision alone is insufficient without adequate financial capability. This study concludes that financial literacy and microcredit access act as complementary enablers of farm profitability. Strengthening financial education alongside inclusive microcredit programs is therefore essential to enhance the sustainability and competitiveness of horticultural enterprises.
Co-Authors Abdul Chalid Ahmad Ibnu Bisrun Mina Nurul Rizky muhammad hasnin Musdar Muhammad Nurdin I Muhammad