Financial inclusion through mobile savings accounts – Complete Phd and Masters Thesis

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INTRODUCTION

Financial inclusion has become a critical issue globally, with many individuals lacking access to basic financial services such as savings accounts. Mobile savings accounts have emerged as a potential solution to this problem, allowing individuals to save money and access financial services through their mobile phones. This thesis aims to explore the impact of mobile savings accounts on financial inclusion, with a focus on how these accounts can help individuals in developing countries improve their financial well-being.

BACKGROUND OF STUDY

The concept of financial inclusion has gained increasing attention in recent years as a key driver of economic development and poverty reduction. However, many individuals, particularly those in low-income and rural areas, still lack access to traditional banking services. Mobile savings accounts have the potential to bridge this gap by providing a convenient and affordable way for individuals to save money and access financial services.

PROBLEM STATEMENT

Despite the potential benefits of mobile savings accounts, there is limited research on their impact on financial inclusion, particularly in developing countries. This thesis seeks to fill this gap by examining the role of mobile savings accounts in improving financial inclusion and the factors that may affect their adoption and usage.

OBJECTIVE OF STUDY

The main objective of this study is to assess the impact of mobile savings accounts on financial inclusion in developing countries. This will be achieved through a comprehensive analysis of the benefits and challenges associated with mobile savings accounts and their potential to improve access to financial services for underserved populations.

LIMITATION OF STUDY

One limitation of this study is the limited availability of data on mobile savings account usage in developing countries, which may impact the generalizability of the findings. Additionally, the study will focus on a specific region or country, which may limit the broader applicability of the results.

SCOPE OF STUDY

This study will focus on a specific region or country in a developing country to assess the impact of mobile savings accounts on financial inclusion. It will consider factors such as regulatory environments, infrastructure, and user behavior that may influence the adoption and usage of mobile savings accounts.

SIGNIFICANCE OF STUDY

The findings of this study are expected to contribute to the existing literature on financial inclusion and mobile savings accounts, providing insights into the potential benefits and challenges associated with these accounts. The results may also inform policymakers and practitioners on strategies to improve access to financial services for underserved populations.

STRUCTURE OF THESIS

Chapter 1: Introduction
1.1 Introduction
1.2 Background of Study
1.3 Problem Statement
1.4 Objective of Study
1.5 Limitation of Study
1.6 Scope of Study
1.7 Significance of Study
1.8 Structure of Thesis
1.9 Definition of Terms

Chapter 2: Literature Review
2.1 Overview of Financial Inclusion
2.2 Mobile Savings Accounts
2.3 Impact of Mobile Savings Accounts on Financial Inclusion
2.4 Factors Influencing Adoption and Usage
2.5 Regulatory Environment
2.6 Infrastructure
2.7 User Behavior
2.8 Challenges and Opportunities
2.9 Mobile Money Services
2.10 Conclusion

Chapter 3: Research Methodology
3.1 Research Design
3.2 Data Collection
3.3 Sampling
3.4 Data Analysis
3.5 Variables
3.6 Hypotheses
3.7 Ethical Considerations
3.8 Limitations

Chapter 4: Discussion of Findings
4.1 Overview of Findings
4.2 Impact on Financial Inclusion
4.3 Adoption and Usage
4.4 Regulatory Implications
4.5 Infrastructure Challenges
4.6 User Behavior Insights
4.7 Policy Recommendations
4.8 Future Research Directions

Chapter 5: Conclusion and Summary
5.1 Conclusion
5.2 Summary
5.3 Implications for Practice
5.4 Recommendations
5.5 Areas for Future Research

THESIS OVERVIEW: FINANCIAL INCLUSION THROUGH MOBILE SAVINGS ACCOUNTS

Financial inclusion is crucial for economic development and poverty reduction, yet many individuals in developing countries lack access to basic financial services. Mobile savings accounts have emerged as a potential solution to this problem, offering a convenient and affordable way for individuals to save money and access financial services through their mobile phones. This thesis seeks to evaluate the impact of mobile savings accounts on financial inclusion in developing countries, examining the benefits and challenges associated with these accounts and their potential to improve access to financial services for underserved populations.

Chapter 1 provides an introduction to the topic, outlining the background of the study, problem statement, objectives, limitations, scope, significance, and structure of the thesis. Chapter 2 presents a comprehensive literature review on financial inclusion, mobile savings accounts, their impact on financial inclusion, factors influencing adoption and usage, regulatory environment, infrastructure, user behavior, challenges, and opportunities, and mobile money services.

Chapter 3 discusses the research methodology, including research design, data collection, sampling, data analysis, variables, hypotheses, ethical considerations, and limitations. Chapter 4 presents a detailed discussion of the findings, focusing on the impact of mobile savings accounts on financial inclusion, adoption and usage patterns, regulatory implications, infrastructure challenges, user behavior insights, policy recommendations, and future research directions.

Chapter 5 concludes the thesis with a summary of the key findings, implications for practice, recommendations, and areas for future research. Overall, this thesis aims to contribute to the existing literature on financial inclusion and mobile savings accounts, providing insights that may inform policymakers and practitioners on strategies to improve access to financial services for underserved populations in developing countries.

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