Financial inclusion is a necessity when it comes to a country’s economic growth and improved social welfare.
This is from the fact that it drives the economy, that is, until everybody –rich or poor, men or women and the all the other vulnerable groups can access these services, economic growth will not gain the expected pace. The financial inclusion definition by the World Bank is in such a way that all individuals and businesses have access to useful and affordable financial products and services that meet their needs in terms of transactions, payments, savings, credit and insurance and that are delivered in a responsible and sustainable way (WB, 2018).