Research Article
Factor Analysis: Improving People with Visual Impairment's Financial Literacy with the Fintech Marketplace Application
@INPROCEEDINGS{10.4108/eai.26-9-2023.2350684, author={Muchamad Irvan and Eka Nurhayati and Ranti Novianti}, title={ Factor Analysis: Improving People with Visual Impairment's Financial Literacy with the Fintech Marketplace Application}, proceedings={Proceedings of the 7th International Research Conference on Economics and Business, IRCEB 2023, 26 September 2023, Malang, East Java, Indonesia}, publisher={EAI}, proceedings_a={IRCEB}, year={2024}, month={11}, keywords={financial literacy fintech visual impairment marketplace}, doi={10.4108/eai.26-9-2023.2350684} }- Muchamad Irvan
Eka Nurhayati
Ranti Novianti
Year: 2024
Factor Analysis: Improving People with Visual Impairment's Financial Literacy with the Fintech Marketplace Application
IRCEB
EAI
DOI: 10.4108/eai.26-9-2023.2350684
Abstract
People with visual impairment are socially categorized as unbankable and less literate. As such, it is necessary to increase financial literacy for people with visual impairment. This study aims to implement financial literacy learning using the features of the Fintech Marketplace application. The application being tested is Edufin.id, which connects financial service providers with users. This study applies a mix method approach to the data analysis process. Quantitative data were collected using a time series design without control and analyzed using the Wilcoxon test. The data processing results were analyzed in depth to determine the influencing factors.Three subjects with visual impairments were involved with an age range of 18-20 years.The results of data calculations were carried out using the Wilcoxon test, which obtained a value of 0.109. This value is greater than the specified significance criterion of 0.05. The average score obtained at the pre-test stage was 24, and the post-test average was 76.3.Quantitatively, there was a significant increase in the achievement of the subject's pre-test and post-test scores. The qualitative analysis demonstrates that essential factors influence their knowledge both intrinsically and extrinsically. In conclusion, Edufin.id can increase the financial literacy for people with visual impairments. To get abetter impact, it is also necessary to pay attention to the internal and external factors that have asupporting role in learning.
