FINANCIAL INCLUSION AS A MEDIATING VARIABLE IN THE INFLUENCE OF FINANCIAL KNOWLEDGE, PERCEIVED RISK, AND SELFEFFICACY ON CREDIT DECISION BEHAVIOR

Abstract

This study aims to analyze the influence of Financial Knowledge, Perceived Risk, and Self-Efficacy on Credit Decision Behavior with Financial Inclusion as a mediating variable. Conducted among MSMEs in Malang Regency, the research used a nonprobability purposive sampling method involving 100 respondents. Primary data were collected and analyzed using the Partial Least Square (PLS) technique. The findings show that Financial Knowledge and Self-Efficacy positively affect Credit Decision Behavior, while Perceived Risk has no direct impact. Furthermore, Financial Inclusion does not mediate the relationship between Financial Knowledge and Credit Decision Behavior but does mediate the effects of Perceived Risk and Self-Efficacy on Credit Decision Behavior.