Financial inclusion provides access to formal financial services for disadvantaged groups and small businesses, promoting economic development. Globally, half of all adults lack bank accounts, including 80% of those living on under $2 per day. Without access to financing, small businesses and families must rely on informal mechanisms, hindering investment, employment, and growth. Financial inclusion can be expanded through initiatives like microfinance, mobile banking, and financial education, enabling people to invest, manage cash flow, and build resilience, lifting incomes and reducing poverty. Governments and organizations should promote financial inclusion programs that can generate employment and entrepreneurship.

1. Financial Inclusion for Development
Prepared by
Mohammad Omar Faruk
BBA & MBA (Finance)
Dhaka, Bangladesh
Development Finance Impact Project – Digital Artifact

2. farmers
landless
labors
unorganized
enterprises
womenmigrantsurban slum
dwellers

3. Financial Inclusion Scenario
Globally,
1 in 2adults does not
have a formal bank account.
About 80%of the poor
living under $2/day have no
bank accounts

6. Access to finance will enable the best
use of resources.
More people with the
financial system=
more investment, employment and development

7. In developing economies,
of small firms believes
access to finance
as a major obstacle to their
operations.
Without access to
formal financial services,
poor families must rely on
informal mechanisms.

8. •Is this the reason for
Financial Inclusion has
positive impact on
economic Indicator:

9. Main obstacles of Financial Inclusion
• barriers such as cost, travel distance, and
documentation requirements
• The poor, women, youth, and rural residents
tend to face greater barriers to access.
• Among firms, the younger and smaller ones are confronted
by more binding constraints.
• The use of financial services is constrained by regulatory
impediments prevent people from accessing beneficial financial
services

11. Financial inclusion is an enabler and accelerator of
economic growth,
job creation and
development.
Affordable access to, and use of, financial services helps families and small enterprise owners
generate income,
manage irregular cash flow,
invest in opportunities,
strengthen resilience to shocks, and
work their way out of poverty.

12. Financial Inclusion can be expanded through:
• Easy access to Finance
• More bank branch and ATM
• Introduction of Internet Banking
• Micro-Finance Program
• Financial Services of NGOs
• Micro-Insurance Services
• Easy process of Account opening in Bank
• Less costly bank account
• Mobile Banking
• Video Banking
• Bank on Van
• Financial Education

13. The government, official aid provider or private sector
MUST participate in Financial Inclusion Program Because:
• Financial Inclusion is the pre-requisite for Economic Development
• Financially included people can be self depended.
• Financial Inclusion can generate employment.
• Access to finance is associated with innovation, job creation, and growth
• More investment > Higher production & GDP
• Financial aid can help people to be entrepreneurs.
• Financial access improves local economic activity.
• Financial Inclusion offers the potential for increasing banking business