Digital Financial Inclusion Approaches for Micro and Small-Sized Enterprises Development in Indonesia and Malaysia

Abstract

Sinpansa Modern Market is in Gedebage district, Bandung City. Sinpansa is a market that combines traditional markets with modern nuances with the concept of a healthy, clean, fresh and comfortable market to be a society's choice at an affordable price. Has more than 117 tenants or merchants consisting of micro and small. The purpose of building this modern market is to help micro and small have good facilities to be visited by the community at affordable prices. So, it is expected that with these modern market facilities small can thrive well and can contribute to the economy. As we know, micro, small and medium-sized enterprises are the underpinnings of the economy in times of economic crisis, but a major role in supporting a country's economy, this potential will be worn out by a lack of access to financial services. This can cause obstacles to micro and small enterprises, especially in the financing sector, thus creating gaps in building the potential of micro enterprises. For that reason, the aim of this community services is to provide education on how digital finance can close the gap, so that in the end it can help micro and small thrive. The pilot project on dedication to this Society is on the coffee entrepreneur. The reason for the use of this enterprise is because it will have an extensive sales network so that use of digital financial management will greatly help to develop micro and small enterprises on the Sinpansa Modern Market.