Ilomata International Journal of Tax & Accounting
P-ISSN: 2714-9838; E-ISSN: 2714-9846
Volume 2, Issue 4 October 2021
Page No. 255-261
255 | Ilomata International Journal of Tax & Accounting https://www.ilomata.org/index.php/ijtc
Financial Literacy and Inclusion Analysis of The Community of
Pulau Seribu (A Case Study on The Limitations of Banking Financial
Services in The Pulau Seribu)
Erni Prasetiyani
1
, Ai Nety Sumidartini
2
, Achmad Barlian
3
Institut Ilmu Sosial dan Manajemen STIAMI
1
Correspondent: erni@stiami.ac.id
Received : August 08, 2021
Accepted : August 25, 2021
Published : October 31, 2021
Citation: Prasetiyani, E., Sumidartini, A.N,
Barlian, A. (2021). Financial Literacy And
Inclusion Analysis Of The Community Of
Pulau Seribu (A Case Study On The
Limitations Of Banking Financial Services In
The Pulau Seribu). Ilomata International
Journal of Tax & Accounting 2(4),255-261.
https://doi.org/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.
Keywords: Financial Literacy, Financial Inclusion, Strength
Weakness Opportunity Threat (SWOT) and the Otoritas Jasa
Keuangan(OJK)
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INTRODUCTION
Financial literacy in the industrial era has become a hot issue for a country's economic progress.
Some countries experienced a significant increase while others experienced stagnation and even
did not experience significant changes. 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).
In a study about financial literacy in South Africa showed those gender, age, language, race and
income levels do have an impact on the level of financial literacy (de Clercq & Venter, 2009). In
other study for Muslim community in USA, even religion have an impact on the level of financial
literacy (Zinser, 2019). The newest study in Portugal, shows that the financial literacy scale
presents a tri-factor structure with adequate validity and reliability levels. The three obtained
factors are designated 1-2-year financial planning and goals, long-term saving and taste for numeric
calculations (Santos et al., 2021). Lack of literacy and lack of information can affect the ability to