Masters of Science

URI for this collectionhttps://rps.wku.edu.et/handle/987654321/9

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Author: search.filters.author.ABEBE BERKIT,

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    FINANCIAL INCLUSION AND DETERMINANT FACTORS IN GURAGHE ZONE
    (Wolkite University, 2023-05) ABEBE BERKIT,
    The role of financial inclusion in the economic and financial discourse has gained a lot of interest both among academia and practitioners. The discussion has further received attention from development partners such as the World Bank, International Monetary Fund, G20 and AFDB among others. The objective of the current study is to evaluate determinants of financial inclusion in Ethiopian focusing on gurage zone. The study used an explanatory research design and quantitative research methods. The research was conducted in four woredas and two town administrations in the gurage zone. A sample of 384 respondents was selected using multistage sampling techniques. 384 questionnaires were distributed, 371(97%) were fully completed, and 13(3%), were returned incomplete. therefore the current study used the full response only to analyze the data (i.e. 97percent) of the respondents who participated in the study. The responses were evaluated with descriptive statistics and probit regression analysis using stata12. The study revealed that except for occupation, all variables had a statistically significant impact on financial inclusion. Age, education, income, place of residence, financial literacy, marital status, and trust in financial institutions are positive and significant factors in financial inclusion, whereas Gender, distance, documentation, and religion have a negative and significant effect. Finally, all variables with a negative sign reduce financial inclusion in the research area. As a result, the researcher recommended that policymakers, governments, financial institutions, and development organizations take into account the aforementioned financial inclusion elements in their attempts to address the problem of financial exclusion and combat poverty among certain segments of the population.