Observational analysis shows improved financial inclusion among rural women in Kenya with digital finance, suggesting enhanced access to formal financial services.
Key Points
Increased financial inclusion is observed among rural women using digital financial services, indicating a positive change in their economic participation.
The analysis includes a sample of 1000 rural women in Kenya, highlighting significant barriers to traditional banking access and the role of digital finance.
Using partial Least Squares Structural Equation Modeling, the study established relationships between digital payments and formal financial service usage.
Emphasizing targeted policies around digital literacy could enhance benefits from digital finance and promote equitable financial inclusion.