Effect of Financial Literacy and Access to Capital on the Growth of Micro, Small, and Medium Enterprises

Mohammad Rizky Yahya, Ratih Puspitasari, Irmah Halimah Bachtiar, Samalua Waoma, Victor Pattiasina
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Abstract

This study aims to determine and analyze effect of financial literacy and access to capital on the growth of Micro, Small, and Medium Enterprises. This study applies a quantitative research design. Population in this research is Micro, Small, and Medium Enterprises in Medan City. Sampling technique used purposive sampling with a sample of 50 respondents from Micro, Small, and Medium Enterprises in Medan City. Testing the hypothesis in this study using multiple linear regression. The results show that financial literacy has a positive and significant effect on the growth of Micro, Small, and Medium Enterprises. Access to capital has a positive and significant effect on the growth of Micro, Small, and Medium Enterprises.
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金融知识和资本获取对中小微企业成长的影响
本研究旨在确定和分析金融素养和资本获取对中小微企业成长的影响。本研究采用定量研究设计。本研究对象为棉兰市中小微企业。抽样技术采用有目的抽样,从棉兰市的中小微企业中抽取50名受访者。本研究采用多元线性回归对假设进行检验。结果表明,财务素养对中小微企业的成长具有显著的正向影响。融资渠道对中小微企业的成长具有显著的正向影响。
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