he benefits of Financial Inclusion are multiple and varied. They include:

  • Increasing the amount available for savings
  • Increasing the efficiency of financial intermediation
  • Allowing for new business opportunities to be more readily embraced because more income is available for this
  • Increasing the amount of funds being made available by regulated commercial institutions while reducing borrowing costs
  • Provides necessary access to a huge untapped market whose economic growth and development will ultimately contribute positively toward GDP growth.