Title:
Micro Entrepreneurs’ Financial Literacy, Networking Strategies, and Survivability

Authors:
Roelson M. Lood, Renzitelo Alf P. Carpio, Philippines

Abstract:

Financial literacy and networking strategies form essential foundations for strengthening the survivability of micro entreprenuers. This study aimed to explore the predictive influence of micro entrepreneurs’ financial literacy and networking strategies toward business survivability. The study utilized a descriptive-correlational design. This study was conducted in Aloran, Misamis Occidental, Philippines. The study included 135 micro-entrepreneurs who were selected through purposive sampling. Financial literacy, Networking Strategies, Business Survivability questionnaires were used  as research instruments. Mean, Standard Deviation, Pearson Product–Moment Correlation, and Simple Linear Regression Analysis were utilized for data analysis. Results revealed that micro entrepreneurs demonstrated a very high level of financial literacy and survivability, while networking strategies were rated high, with information sharing emerging as the most utilized practice. Financial knowledge showed a significant relationship with cost leadership, and networking strategies were significantly associated with Longevity and Innovation. Financial knowledge emerged as a significant predictor of micro-entrepreneurs’ survivability. The finding revealed that financial knowledge and active networking engagement play a crucial role in sustaining operational efficiency, innovation, and longevity. Thus, the findings indicate that while financial literacy and networking strategies influence different dimensions of micro-entrepreneurs' survivability, financial knowledge and active relational engagement collectively strengthen operational efficiency, innovation, and longevity, positioning micro-entrepreneurs for sustained business continuity. Development initiatives may strengthen application-focused financial routines, promote collaborative information exchange, and continuously assess support mechanisms to enhance the long-term resilience of micro-entrepreneurs.

DOI: https://doi.org/10.51505/IJEBMR.2026.10619