Authors :
Mazharul Hasan Mazumder; Sayma Sadia Shawon; Sakufa Chowdhury
Volume/Issue :
Volume 7 - 2022, Issue 3 - March
Google Scholar :
https://bit.ly/3IIfn9N
Scribd :
https://bit.ly/3rCuBYi
DOI :
https://doi.org/10.5281/zenodo.6471747
Abstract :
The impact of financial inclusion has been seen
on the underprivileged people. As financial inclusion
indicates as to “delivery of financial services at affordable
costs to disadvantaged and low-income segments of
society”, the poor and low-income segments of the country
are getting benefits from this. The main objective of the
study is to find out the interface between financial
inclusion (mobile financial services) and the living
standard of underprivileged workers of Bangladesh. This
study has conducted based on the quantitative method.
Data was collected mainly from the primary as well as
secondary sources. Primary data were collected from the
underprivileged workers living in different haor areas
using structured questionnaire. Total 386 respondents’
data were considered as sample data. Mainly convenient
sampling method were used to select sample different
haor regions. Data were analyzed by using SPSS 23.
Descriptive statistics, ANOVA, Chi square, OLS
regression analysis were used as analytical tools in this
study. Conclusion was drawn based on the findings of the
study. A significant finding is that mobile banking service
is assumed as a blessing for these small savers and users
who relied on risky informal savings practices. Mobile
banking enables the low income people to reduce their
costs associated with transaction of money and thus helps
to upgrade their economic condition.
Keywords :
Mobile Remittance, Financial Inclusion, Living Standard, Underprivileged People]
The impact of financial inclusion has been seen
on the underprivileged people. As financial inclusion
indicates as to “delivery of financial services at affordable
costs to disadvantaged and low-income segments of
society”, the poor and low-income segments of the country
are getting benefits from this. The main objective of the
study is to find out the interface between financial
inclusion (mobile financial services) and the living
standard of underprivileged workers of Bangladesh. This
study has conducted based on the quantitative method.
Data was collected mainly from the primary as well as
secondary sources. Primary data were collected from the
underprivileged workers living in different haor areas
using structured questionnaire. Total 386 respondents’
data were considered as sample data. Mainly convenient
sampling method were used to select sample different
haor regions. Data were analyzed by using SPSS 23.
Descriptive statistics, ANOVA, Chi square, OLS
regression analysis were used as analytical tools in this
study. Conclusion was drawn based on the findings of the
study. A significant finding is that mobile banking service
is assumed as a blessing for these small savers and users
who relied on risky informal savings practices. Mobile
banking enables the low income people to reduce their
costs associated with transaction of money and thus helps
to upgrade their economic condition.
Keywords :
Mobile Remittance, Financial Inclusion, Living Standard, Underprivileged People]
