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330038

Financial Literacy role in achieving Financial Inclusion; Evidence from Egypt

Article

Last updated: 26 Dec 2024

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Tags

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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.

DOI

10.21608/sjrbs.2023.232694.1524

Keywords

financial literacy, financial inclusion, Sustainable Development

Authors

First Name

somaia

Last Name

salem

MiddleName

-

Affiliation

Helwan University , Business Department

Email

somaiasalem1f@gmail.com

City

-

Orcid

-

First Name

عبد المنعم

Last Name

التهامي

MiddleName

-

Affiliation

کلية التجارة وادارة الاعمال جامعة حلوان

Email

abdel_eltohamy@commerce.helwan.edu.eg

City

الجبزه

Orcid

-

Volume

37

Article Issue

4

Related Issue

44759

Issue Date

2023-12-01

Receive Date

2023-08-29

Publish Date

2023-12-01

Page Start

1,439

Page End

1,471

Print ISSN

1110-2373

Online ISSN

2682-4876

Link

https://sjrbs.journals.ekb.eg/article_330038.html

Detail API

https://sjrbs.journals.ekb.eg/service?article_code=330038

Order

330,038

Type

المقالة الأصلية

Type Code

1,324

Publication Type

Journal

Publication Title

المجلة العلمية للبحوث والدراسات التجارية

Publication Link

https://sjrbs.journals.ekb.eg/

MainTitle

Financial Literacy role in achieving Financial Inclusion; Evidence from Egypt

Details

Type

Article

Created At

26 Dec 2024