Financial literacy has brought significant changes in the global financial sector.
However, its growth also faces technical and legal challenges that need to be addressed in
order for its potential to be fully utilized, especially in the context of sustainable finance
(Macchiavello and Siri, 2022). Investing in MSME lending companies has an element of impact
investment and is best done through sustainable funds and not commercial funds. Impact
investing, sustainable funds, and microfinance are some of the common activities included in
sustainable finance (Aggarwal and Elembilassery, 2018). Based on a previous theoretical study
by Aliansari (2021), explaining the results of training and assistance in making simple
bookkeeping and preparing financial statements increases MSME awareness of the
importance of information produced by financial statements as a basis for decision making
and business strategy preparation to achieve a sustainable business.
Meanwhile, digital marketing is the key to increasing the visibility of MSMEs in the
global market. In this digital era, marketing through online platforms, social media, and
search engines allows MSMEs in Maluku to reach a wider audience and gain new customers.
By leveraging this technology, MSMEs can build strong brands, create effective marketing
campaigns, and measure results with data analysis. This not only opens up greater sales
opportunities, but also creates closer relationships with customers, builds trust, and
strengthens customer loyalty.
Digital marketing has a huge opportunity in the development of the business world
from now to the future where the target market has transformed into a digital platform.
Meanwhile, the challenge that must be faced by the business world in implementing digital
marketing is readiness in terms of human resources and financial resources in supporting
digital marketing activities (Hendarsyah, 2020). Digital marketing is seen as the best media
as the most effective and efficient means of promotion and is able to increase significant
sales volume (Pradiani, 2017). Digital marketing has made products evolve regardless of
territory. Various digital platforms are prepared by business actors to improve their marketing
(Musnaini, et al., 2020) digital marketing facilities provide convenience provided by each
service provider (Lamiran, Wijoyo, and Sutawan, 2021)
By optimizing the use of their financial resources, increasing the visibility of products
or services through digital marketing, and achieving sustainable business growth (Chandra,
et al. 2023). In line with Jayanti and Karnowati (2023) explained that digitalization of MSMEs
and Financial Literacy have a partial and simultaneous effect on MSME Sustainability. In
addition, there is a positive influence on Financial Aspects and HR Competencies together
have a positive effect on MSME Performance (Wahyudiati and Isroah, 2018).
In addition to financial literacy and digital marketing, improving human resource
capabilities is also an important factor in developing MSMEs in Maluku Province. Training
and skill development for MSME workers not only increases productivity and product quality,
but also helps in efficient business management. Skilled HR can better manage supply chains,