Financial Literacy and Inclusion Analysis of the Community of Pulau Seribu (A Case Study on Pramuka Island on the Limitations of Banking Financial Services in the Pulau Seribu)

Erni Prasetiyani,Achmad Barlian,Ai Nety Sumidartini

doi:10.52728/ijtc.v2i4.373

Abstract

: The progress of a region can be measured by the level of financial literacy of its population and financial inclusion. DKI Jakarta is in the top financial ranking for literacy and inclusion, but it is inversely proportional to the Pulau Seribu region. This research is a qualitative research with the technique of obtaining data through in-depth interviews with residents in the Pulau Seribu. The results are processed with a Strength Weakness Opportunity Threat (SWOT) analysis to produce a map of the strengths, weaknesses, opportunities and threats that exist in the Pulau Seribu region. With the SWOT condition in the region, it is hoped that the policy makers, namely the Otoritas Jasa Keuangan (OJK), the DKI Jakarta Regional Government and the community themselves are able to synergize in formulating strategies to accelerate the backwardness of the Pulau Seribu with DKI Jakarta.

Highlights

Financial literacy in the industrial era has become a hot issue for a country's economic progress
Countries with the highest acceleration of financial literacy are China and India which occupy a financial literacy level of 87% while Indonesia is only at 34%, Russia and Africa are at the level of 82% (Shandy, 2021)
The researchers used analysis Strength Weakness Opportunity and Threat or Strength Weakness Opportunity Threat (SWOT) is a strategy that can be optimized by combining strengths and opportunities, but at the same time there are weaknesses and threats that must be minimized (Abadi et al, 2020), to measure the strengths and weaknesses of Pulau Seribu in utilizing financial literacy and empowering financial inclusion as a strategy for the potency welfare of the community's economy

Summary

INTRODUCTION

Financial literacy in the industrial era has become a hot issue for a country's economic progress. The researchers used analysis Strength Weakness Opportunity and Threat or SWOT is a strategy that can be optimized by combining strengths and opportunities, but at the same time there are weaknesses and threats that must be minimized (Abadi et al, 2020), to measure the strengths and weaknesses of Pulau Seribu in utilizing financial literacy and empowering financial inclusion as a strategy for the potency welfare of the community's economy,. Each of these factors can be described as follows: 1.

METHOD

RESULT

CONCLUSION