Available online at: http://journal.uny.ac.id/index.php/jppm JPPM (Jurnal Pendidikan dan Pemberdayaan Masyarakat) 9 (2), 2022, 155-164 This is an open access article under the CC–BY-SA license. https://doi.org/10.21831/jppm.v9i2.51454 Financial Literacy Training for Mushrooms Business Development in Sitio Tamale, The Philippines Kenny Fernando 1 *, Andrey Hasiholan Pulungan 2 , Budi Kurniawan 3 , Elfina Astrella Sambuaga 4 , Victoria Del Gracia Matahelumual 5 , Yolanda Rian Wiratam 6 , Claudia Jessica Tunadi 7 1,2,5 Sampoerna University L'Avenue Building, Jl. Raya Pasar Minggu South Jakarta 12780, Indonesia 3,6,7 Kalbis Institute Jl. Pulomas Selatan Kav. No.22 East Jakarta 13210, Indonesia 4 Universitas Pelita Harapan MH Thamrin Boulevard 1100 Tangerang, 15811, Indonesia * Corresponding author. Email: kenny.fernando@sampoernauniversity.ac.id , Telp: +6281290476561 Received: 28 Juny 2022; Revised: 01 November 2022; Accepted: 14 November 2022 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 Introduction Micro, small and medium enterprises (MSMEs) have a significant role in job creation and economic growth in the world. According to the (World Bank, 2021), small and medium-sized enterprises represent 90% of the world's businesses and create about 50% of existing jobs. MSMEs tend to be the main source of income for the poorest segments of the population, especially in rural areas (International Council for Small Business, 2019). In the Philippines alone, MSMEs accounted for 35.7% of the value of gross domestic product in 2020 (Departement of Trade and Industry, 2020). They also generate about 5.3 million jobs or 62.66% of the country's total employment. In fact, micro-enterprises are the second largest producer of employment (29.38% of the total field) after large enterprises. How to Cite: Fernando, K., Pulungan, A. H., Kurniawan, B., et al., (2022). Virtual Financial Literacy Training for Mushrooms Business Development in Setio Tamale, The Philippines. JPPM (Jurnal Pendidikan dan Pemberdayaan Masyarakat), 9(2), 155-164. doi: https://doi.org/10.21831/jppm.v9i2.51454