FinancialInclusionreferstotheprocessofensuringaccesstoaffordableandappropriatefinancialproductsandservicesforallindividualsandbusinesses,particularlythoseinunderservedormarginalizedcommunities.Itaimstoprovideopportunitiesforpeopletosave,borrow,invest,andmanagefinancialrisksthroughformalfinancialsystems.Bypromotinginclusivefinancialservices,FinancialInclusionhelpsreducepoverty,empowerindividuals,andstimulateeconomicgrowth.Keycomponentsincludeaccesstobanking,credit,insurance,anddigitalpaymentsolutions.Governments,financialinstitutions,andtechnologyprovidersoftencollaboratetoexpandFinancialInclusionthroughpolicies,innovationslikemobilebanking,andfinancialliteracyprograms.Theultimategoalistocreateequitableeconomicopportunitiesandimproveoverallfinancialwell-beingforall.
