Impact of Financial Inclusion on Household Empowerment: Mediating role of Entrepreneurship Intentions in Pakistan
The purpose of this research is to examine how access to financial services influences the social and economic well-being of households, as well as their propensity to pursue entrepreneurial opportunities. In addition, to investigate how aspirations for business ownership affect the financial and social standing of families. The hypothesis that an individual's desire to start a business plays a moderating role in the connection between financial inclusion and a family's capacity to effect social change is tested. For this study, surveyed a random sample of 98 business owners, equal numbers of men and women. All responders were given a questionnaire that they may fill out on their own time. It has been shown that the ambition to start a business mediates the connection between financial inclusion and economic empowerment. It is suggested that creating an encouraging atmosphere and an entrepreneurial ecosystem might help inspire people to take the plunge.
Authors
- Shahjahan Sarfraz Raja
- Shahnawaz Sarfraz Raja
- Sania Sarfraz Raja
Institutions
- National University of Modern Languages (PK)
- Pakistan Army (PK)
Publication Details
- Journal
- The Asian Bulletin of Big Data Management
- Published
- 2024-12-18
- DOI
- https://doi.org/10.62019/abbdm.v3i2.249
- Primary Topic
- Microfinance and Financial Inclusion
- Type
- article
- Field-Weighted Citation Impact
- 0.00