The Social Frontier of Financial Inclusion

What are the frontiers of financial inclusion? Of course, there is a geographical frontier: people in rural areas are more often excluded from the financial system. There’s also a technological frontier: while digital technology has greatly expanded the reach of financial services, those on the other side of the digital divide are being left behind. But there’s also a social frontier, often in the form of social norms that dictate who can – and can’t – access and use financial services. In this episode, we hear from Women’s Micro Bank (also known as Mama Bank), a bank in Papua New Guinea that pushed geographical and technological boundaries in its attempts to expand rural women’s access to banking services but ran into its biggest challenges at the social frontier.

You can listen to The Social Frontier of Financial Inclusion online on Radio and Podcast. Open the player on this page to stream the available audio.

The Social Frontier of Financial Inclusion is an episode from The CGAP Explainer Podcast by Inclusive Finance Frontiers.

This episode is 00:33:02 long.

This episode was published on Nov 28, 2022.

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