TITLE:
Analysis of the Microeconomic Factors of the Financial Inclusion of the Population in the Republic of Congo
AUTHORS:
Pierre Ghislain Batila Ngouala Kombo
KEYWORDS:
Determinants of Financial Inclusion, Logit, Congo
JOURNAL NAME:
Theoretical Economics Letters,
Vol.11 No.1,
February
24,
2021
ABSTRACT: This article analyzes the microeconomic factors that
explain the phenomenon of the financial inclusion of the population in Congo.
The estimates are based on data from the Survey on Financial Inclusion in the
Republic of Congo carried out in 2015 by the National Economic and Financial
Council and the Bank of Central African States. The results obtained show that
the requirement of low collateral is an incentive factor for inclusion and that
individual characteristics (income, age group, level of education and marital
status) are determining factors for financial inclusion in the Republic of
Congo. These results help determine the economic policy implications of
improving the population’s access to financial services for financial
inclusion.