EFFECT OF FINANCIAL INCLUSION ON GENDER EQUALITY AND SOCIAL EMPOWERMENT

Abstract

The reduction of poverty and promotion of financial inclusion are two important factors. However, there is still little research on how financial inclusion affects social empowerment and gender equality, particularly in developing nations. This study seeks to close this gap by conducting a systematic literature review of the available empirical data on the relationship between financial inclusion and various aspects of women's empowerment, including education, health, decision-making, mobility, and violence. The main obstacles and opportunities for improving the gendered outcomes of financial inclusion are also outlined in the paper, along with information on the function of social norms, legal systems, digital technologies, and financial literacy. The main research gaps and policy ramifications for advancing the goals of gender equality and social empowerment through financial inclusion are highlighted in the paper's conclusion.