Financial Education Among Footwear Producers Affiliated and Non-Affiliated with a Chamber of Commerce in Northern Peru

Abstract

This research focuses on analyzing the differences in the level of financial education between footwear producers affiliated and non-affiliated with a Chamber of Commerce in northern Peru during the year 2024. The main objective was to identify how affiliation influences different dimensions of financial education, including knowledge, skills, attitude, and financial awareness. A quantitative methodology was employed, with a non-experimental and cross-sectional design, using surveys to collect data from a sample of 40 footwear producers. The results reveal that affiliated producers exhibit significantly higher levels of financial education, particularly in knowledge (91% vs. 69%) and financial skills (73% vs. 52%), compared to non-affiliated producers. However, the difference in financial attitude was minimal, and no differences were found in financial awareness between the two groups. The research concludes that affiliation with the Chamber of Commerce provides access to resources and training that enhance the financial education of affiliated members.