Impact of Implementation Models on Financial Inclusion and Resilience: A Study of Rural Women in Zambia.

Abstract:

The study investigates the impact of financial inclusion models on financial resilience among rural Zambian women. It uses a mixed-methods approach, examining bank-led, Mobile Network Operator (MNO)-led, and community-led models on saving and investing behaviors. The research uses case studies and ethnography to gain in-depth insights into the cultural and social contexts of participants. The findings suggest that traditional banking services, mobile-based solutions, and community-driven initiatives are not effective in the long run. The study recommends combining these approaches, along with financial literacy programs and policy interventions, to improve financial inclusion strategies for rural women. The study proposes that Service providers adopts a strategy of using Community Implementation Teams (CIT) to enhance the financial inclusion and resilience of women in rural Zambia.