Financial Literacy role in achieving Financial Inclusion; Evidence from Egypt | ||
| المجلة العلمية للبØوث والدراسات التجارية | ||
| Volume 37, Issue 4, December 2023, Pages 1439-1471 PDF (584.28 K) | ||
| Document Type: المقالة الأصلية | ||
| DOI: 10.21608/sjrbs.2023.232694.1524 | ||
| Authors | ||
| somaia salem* 1; عبد المنعم التهامي* 2 | ||
| 1Helwan University , Business Department | ||
| 2کلية التجارة وادارة الاعمال جامعة Øلوان | ||
| Abstract | ||
| One of the most important factors in boosting prosperity is financial inclusion, which is defined as having access to and using financial services. And, financial literacy aids in teaching and empowering people so that they are knowledgeable about and capable of evaluating a variety of financial products and services to make decisions that will maximize their utility. So, the goal of the current study is to see if we have financial literacy this will help to achieve financial inclusion and then achieve sustainability. Hence, the following research question was addressed to achieve the research objective: What is the role of financial literacy in achieving financial inclusion in Egypt? To evaluate the research model, 424 Egyptian individuals were polled online using structural equation modeling. The results indicated that financial literacy had a significant and positive impact on financial inclusion. This lends support to the Hypothesis of the study, which suggests that financial literacy significantly affects financial inclusion and enhances sustainable development in Egypt. | ||
| Keywords | ||
| Financial Literacy; Financial Inclusion; Sustainable Development | ||
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