Jiera Lefrisia09 Nov, 2025Finance
Financial inclusion serves as a powerful tool for reducing poverty by providing individuals and marginalized communities with access to essential financial services such as savings, credit, insurance, and digital payments. When people can securely save money, invest in education or small businesses, and manage financial risks, they gain the ability to improve their living standards and participate more actively in economic growth. Financial inclusion also promotes equality by empowering women, rural populations, and low-income earners who are often excluded from traditional banking systems. Moreover, the rise of fintech innovations has made financial services more affordable and accessible through mobile platforms and digital wallets.
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