Journal of Economics Research and Policy Studies
Vol. 5 No. 3 (2025): Journal of Economics Research and Policy Studies

Can financial literacy drive microentrepreneur success in digital economies?

Kesuma, Muhammad Ramadhani (Unknown)
Ariswati, Lusiana Desy (Unknown)
Henrika, Margareth (Unknown)
Widaryo, Chandika Mahendra (Unknown)
Irianto, Ellen D. Oktanti (Unknown)
Aini, Rohana Nur (Unknown)



Article Info

Publish Date
30 Dec 2025

Abstract

Microentrepreneurship significantly contributes to economic development in resource-rich regions like East Kalimantan, yet faces challenges due to low financial literacy and limited digital adoption. Existing research highlights the importance of financial literacy for business success, but underexplores the role of digital financial literacy and regional contexts. This study investigates how financial literacy and digital financial literacy influence microentrepreneur success, with financial planning as a mediating factor. Using a quantitative approach with Partial Least Squares Structural Equation Modeling, data were collected from 160 microentrepreneurs in East Kalimantan. The findings reveal that financial literacy directly enhances business success, while digital financial literacy impacts success indirectly through financial planning. The model explains 60.8% of the variance in microentrepreneur success, emphasizing the critical role of structured financial strategies. These results suggest that integrating digital tools into financial education can foster sustainable business growth.

Copyrights © 2025






Journal Info

Abbrev

jerps

Publisher

Subject

Economics, Econometrics & Finance

Description

Journal of Economics Research and Policy Studies [2797-8141] is a scientific journal that contains the results of theoretical research and studies on economics issues. The focus of this journal article is Economics, Economic Entrepreneurship, and start-up, development economics, monetary and fiscal ...