Financial Inclusivity for Women in Bangladesh

Abstract

This research sought to the aspect of Bangladesh's financial inclusion and the role of education and socioeconomic level in strengthening women's financial participation. It has been discovered that Bangladesh's strategy of financial inclusion benefits in the long-term sustainability of economic growth as well as the elimination of poverty. In Bangladesh, women in the adult population continue to experience financial restraints and therefore unable to obtain financial services. These societal norms must be considered and addressed if financial inclusion is to have an influence on female empowerment, employment, and extended wellbeing consequences. Although societal standards evolve over time, the formulation and construction of financial products and services plays an important impact. The use of multiple regression analysis in conjunction with a probit regression model demonstrates that education level, household income, and other factors have a substantial impact on explaining changes in women's financial activity.