Financial Literacy And Social Capital On Performance For Msme Sustainability

Abstract

This research design is explanatory and aims to understand various dimensions of MSME performance, MSME sustainability financial literacy, and social capital followed by a conclusive approach where this method aims to outline and clarify the predictive statements formulated. Primary data with an open questionnaire instrument is a data collection method. Analysis of the problem formulation was carried out in several stages using Path Analysis. The research sample consisted of 92 MSME actors from a population of 1,100 verified MSME actors in Sukabumi City. These findings indicate that: 1)Financial literacy has a tremendous impact on the performance of MSMEs. 2) Social Capital has a tremendous impact on MSME performance. 3)Financial literacy has a tremendous impact on the sustainability of MSMEs. 4)Social Capital has a tremendous impact on the sustainability of MSMEs. 5) The performance of MSMEs has a tremendous impact on the sustainability of MSMEs. 6)Financial literacy has a tremendous impact on the sustainability of MSMEs through MSME performance and 7).Social capital has a tremendous impact on the sustainability of MSMEs through MSME performance.