financial inclusion, A major reason for the country’s economic growth, It works to achieve financial stability, The state’s economic condition will not improve. With a large number of individuals and institutions financially excluded from the formal financial sector.
It ensures financial inclusion, Financial institutions develop their products, And competition between them to provide low-cost and easy-to-obtain financial products that take into account the interest of the consumer.
The benefit of financial inclusion for low-income…
financial inclusion, cares for large segments of society, Especially the marginalized segments or those who do not find formal financial products that suit their needs, like the poor, low income, especially women, owners of small and medium enterprises, micro, children, Young people and others.
financial inclusion, Ensures that all categories have access to financial products appropriate to their needs and circumstances, leading to a higher standard of living, Thus, reducing poverty rates and achieving economic growth for individuals and the state.