Original scientific paper
https://doi.org/10.62598/JVA.10.2.1.6
Financial Inclusion and Household Wellbeing in Sub Saharan Africa
Harriet Kyokunda
; Makerere University Business School, Kampala, Uganda
Samuel Mafabi
; Makerere University Business School, Kampala, Uganda
Joseph Mpeera Ntayi
; Makerere University Business School, Kampala
Munene J. C Kigozi
; Makerere University Business School, Kampala, Uganda
Abstract
Despite the growing literature onhousehold wellbeing, little is known about the role of fi nancial inclusion in explaining household wellbeing. Through the lenses of minority infl uence theory, this paper tested the power of fi nancial inclusion (in terms of access, quality and usage) on h ousehold wellbeing using data from teachers in primary schools of central and western Uganda. By means of a questionnaire approach to collect data, the study adopted a cross-sectional research approach. 326 respondents were responsive from a sample of 377 which yielded 86.5% response rate. Quantitative data were analyzed using Statistical Program for Social Sciences (SPSS) and Analysis of Moment Structures (AMOS). Drawing on the survey results, the paper clearly demonstrates thatfi nancial inclusion underpinned informs household wellbeing signifi cantly in Uganda.
Keywords
Financial inclusion; Household; Minority; Wellbeing
Hrčak ID:
326482
URI
Publication date:
31.12.2024.
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