2026-10-24T14:03:55Z https://meral.edu.mm/oai

oai:meral.edu.mm:recid/00009003 2023-08-14T06:46:33Z 1607959986665 1607959986665:1608033383071

ASSESSING THE FARMERS’ FINANCIAL LITERACY IN MYINN MWAY VILLAGE Pwint Phue Wai The study assessed the level of financial literacy of farmers in Myinn Mway Village. The sample size of 171 households was collected from total 300 households to investigate their level of financial literacy through the administration of questionnaires. Findings from the study revealed that farmers need to improve their personal finance knowledge. The results showed that the participants answered about 52.36% of the questions correctly. None of the mean scores for financial literacy categories were above 60%. This led to the conclusion that the farmers are not well-informed about personal financial literacy issues. The study looked at the evidence of personal finance literacy among farmers in Myinn Mway Village, why some farmers are relatively more knowledgeable than others as well as how a farmer’s financial knowledge influences his/her opinions and decisions on personal financial issues. It was evident that geographical location, age as well as the education levels of farmers significantly affects their level of financial knowledge. As a result, this study provided the following recommendations towards improving financial literacy among farmers as rural outreach, incorporating financial literacy into educational system and the establishment of financial literacy information sharing group. 2023-03-01 https://meral.edu.mm/records/9003