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Understanding Financial Inclusion: A Comparative Analysis Of Financial Mechanisms In Uganda, Amari Huang
Understanding Financial Inclusion: A Comparative Analysis Of Financial Mechanisms In Uganda, Amari Huang
CMC Senior Theses
Financial inclusion is a critical means of empowering individuals to improve their own lives, and Uganda provides an excellent case study for examining various financial mechanisms in a developing country context. This thesis investigates four such mechanisms: formal banks, microfinance institutions, mobile money, and contribution clubs. The analysis is conducted using five criteria to evaluate their level of inclusion: (1) quantitative coverage, (2) standard of living, (3) gender, (4) education, and (5) social capital. The findings of this research suggest that the examined financial institutions can be seen as steppingstones, with each leading to the next, from contribution clubs to …