Rahmatan Lil’alamin Journal of Community Services (RLA)
Volume 4 Issue 1, 2024

Empowering Indonesian Migrant Workers Through Financial Literacy and Entrepreneurship

Mahfirah, Titis Fatarina (Unknown)
Fauzi, Achmad (Unknown)
Widyastuti, Umi (Unknown)
Muliasari, Indah (Unknown)
Hidayat, Nurdin (Unknown)
Armeliza, Diah (Unknown)
Lajuni, Nelson (Unknown)
Zahro, Khalisatuz (Unknown)
Ferrari (Unknown)
Yasmin, Eka Faradila (Unknown)



Article Info

Publish Date
09 Jul 2024

Abstract

Financial literacy has emerged as a critical aspect of economic empowerment, yet significant disparities persist between countries. According to the 2019 Household, Income and Labour Dynamics in Australia (HILDA) survey, Australia boasts a financial literacy rate of 64%, while Indonesia lags behind at only 38% (Australia Indonesia Youth Association, 2020). Recognizing this gap, this initiative aims to address the financial literacy needs of Indonesian migrant workers through targeted training programs. Drawing on data from the 2022 National Survey on Financial Literacy and Financial Inclusion (Survei Nasional Literasi dan Inklusi Keuangan/SNLIK), which showed an increase to 49.68% in Indonesia (Otoritas Jasa Keuangan, 2022), our community outreach initiative focuses on raising awareness and providing practical knowledge on entrepreneurship among migrant workers. By offering workshops on International Community Outreach with the theme "Raising Entrepreneurial Success Among Indonesian Migrant Workers," this activity aims to equip participants with the skills and inspiration to start their businesses upon returning to Indonesia. Through training sessions on budget management and entrepreneurship, we strive to empower migrant workers to achieve financial independence and contribute to their personal economic well-being. This initiative embodies our commitment to fostering self-sufficiency and economic resilience among Indonesian migrant workers.

Copyrights © 2024






Journal Info

Abbrev

rla

Publisher

Subject

Humanities Social Sciences Other

Description

Rahmatan Lil’alamin Journal of Community Services [RLA] is published by Department of Accounting, Faculty of Business and Economics, Universitas Islam Indonesia. The journal is published two times in each year on May and November. This journal publishes various articles on activities and impacts ...