Financial Literacy Training for Mushrooms Business Development in Sitio Tamale, The Philippines

Kenny Fernando; Andrey Hasiholan Pulungan; Budi Kurniawan; Elfina Astrela Sambuaga; Victoria Del Gracia Matahelumual; Yolanda Rian Wiratam; Claudia Jessica Tunadi

doi:10.21831/jppm.v9i2.51454

Financial Literacy Training for Mushrooms Business Development in Sitio Tamale, The Philippines

Kenny Fernando, Sampoerna University, Indonesia
Andrey Hasiholan Pulungan, Sampoerna University, Indonesia
Budi Kurniawan, Kalbis Institute, Indonesia
Elfina Astrela Sambuaga, Universitas Pelita Harapan, Indonesia
Victoria Del Gracia Matahelumual, Sampoerna University, Indonesia
Yolanda Rian Wiratam, Kalbis Institute, Indonesia
Claudia Jessica Tunadi, Universitas Pelita Harapan, Indonesia

10.21831/jppm.v9i2.51454

Abstract

A business really needs adequate records to evaluate business operational activities and also determine future improvement steps. 30 Youths in Sitio Tamale, The Philippines have developed a Mushroom Business business which took place in October 2021. The Research Team was entrusted with providing training virtually to answer the need for mushroom Business development in the village. This study aims to describe how virtual training could be effectively conducted by employing modules and virtual presentation. We used SPSS 22.0 to statistically analyze and to describe its percentages based on LikertScale (1-5) questionnaires about topic relevance, modules quality, duration, and understanding. The results shows that 66.67% agree this financial feasibility is relevant. The printed modules are considered as the best way for 53.55% as they strongly agree. However, the one-day training is not sufficient as only 13.33% strongly agree. Lastly, the two-time translation during presentation made 60% participants do not comprehensively understand.

Keywords

accountancy; village business; finance; financial literacy.

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DOI: https://doi.org/10.21831/jppm.v9i2.51454