Financial Literacy, Performance, And Welfare Of Msmes In Gianyar Regency

Abstract

This study aims to 1). Analyzing the effect of financial literacy on the performance of MSMEs, 2).
Analyzing the effect of financial literacy on the welfare of MSME actors, and 3). Analyzing the
effect of MSME performance on the welfare of MSME actors. The research was conducted in
Gianyar Regency and focused on 110 MSME actors. The data sources used are primary data from
bamboo weaving crafters and secondary data from various relevant agencies. The analysis results
show that financial literacy affects the performance and welfare of MSME actors, and performance
also affects their welfare. The results of this analysis also show that good financial literacy will be
able to improve the performance of MSMEs, especially in facing digital developments and various
global challenges.