International Journal of Community Service
Vol. 2 No. 3 (2022): August 2022

Financial Literacy and Inclusion for Millennial UMKM Owners In West Jakarta

Rudolf Lumbantobing (Faculty of Economics and Business Krida Wacana Christian University, Indonesia)
Lambok DR Tampubolon (Faculty of Economics and Business Krida Wacana Christian University, Indonesia)
Deni Iskandar (Faculty of Economics and Business Krida Wacana Christian University, Indonesia)
Eka Desy Purnama (Faculty of Economics and Business Krida Wacana Christian University, Indonesia)
Diana Frederica (Faculty of Economics and Business Krida Wacana Christian University, Indonesia)



Article Info

Publish Date
26 May 2022

Abstract

The results of the Bank Indonesia survey show that there is still a low number of households that have savings accounts in banks. In addition, the number of households that can access loans at banks is also still very low. One of the problems that exist due to lack of financial knowledge so that not many people understand how to access loans in banks. For an entrepreneur or micro, small and medium enterprises are needed financial litersasi in order to easily get business capital from the bank. The purpose of this community service activity is to provide additional insight into how to plan and manage finances so that micro, small and medium enterprises, especially in West Jakarta, increase. The method of implementation of community service activities consists of three stages, namely preparation, implementation, evaluation and follow-up. The results of this activity provide solutions for Micro, Small and medium enterprises in West Jakarta on how to conduct comprehensive financial planning and management, analyze financial statements, and maintain cash flow position by identifying sources of cash receipts and expenditures.

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Journal Info

Abbrev

go

Publisher

Subject

Religion Humanities Education Environmental Science Languange, Linguistic, Communication & Media Law, Crime, Criminology & Criminal Justice Library & Information Science Public Health Social Sciences Other

Description

Training and Marketing are utilized for community empowerment, SMEs and local communities; Community empowerment; Social Access; Community Service Activities by Students; Empowerment of Border Area Communities; Education for Sustainable Development; Empowerment Program Health ; Design and Reach ...