Financial inclusion is about increasing the set of financial service options available and the concept of financial capability seeks to capture the idea that their effective use will lead to improved wellbeing. Studies on financial capability have so far adopted an ontological assumption that...

A powerful tool to achieve equitable development is promotion of economic empowerment for marginalized citizens by increasing formal financial services access and utilization. The provision of these services via mobile phones has shown great promise in overcoming geographic, demographic, and...