Economics at your fingertips  

An exploratory analysis of financial inclusion in Chad

Mahamat Ibrahim Ahmat Tidjani
Additional contact information
Mahamat Ibrahim Ahmat Tidjani: UFHB - Université Félix Houphouët-Boigny

Post-Print from HAL

Abstract: This paper aims to explore the state of financial inclusion in Chad. Adopting a Multiple Correspondence Analysis (MCA) on a sample of 1000 individuals from the Global Findex (2017), the study measured the inclusiveness of financial systems in Chad through a Financial Inclusion Index (FII). Furthermore, it assessed the distribution of the FII using the factor decomposition of the Gini coefficient. The findings showed that the average FII was low, 24.89%, and it varied between 7.43% and 60.35%. Financial institution account, deposit, withdrawal, and debit card ownership were the most influential indicators of financial inclusion in Chad. Moreover, the paper revealed that, despite its low level, financial inclusion was not smoothly distributed among the Chadian population (Gini coefficient of 0.196). The analysis of the financial inclusion inequality profile showed that there was a persistent financial inclusion gender gap in Chad, exacerbated by discriminations in education and income. Thus, policy interventions should target the provision of formal accounts, a reduction of costs of financial services (withdrawal and debit cards), and promoting formal savings by developing adequate savings products, to foster financial inclusion in Chad. Furthermore, these policies should be gender-responsive while considering its interaction with education and income.

Keywords: Financial inclusion index; multiple correspondence analysis; inequality decomposition; Chad (search for similar items in EconPapers)
Date: 2020
New Economics Papers: this item is included in nep-fdg, nep-fle, nep-isf and nep-pay
Note: View the original document on HAL open archive server:
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed

Published in The European Journal of Applied Economics, 2020, 17 (2), pp.34 - 53. ⟨10.5937/ejae17-27027⟩

Downloads: (external link) (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link:

DOI: 10.5937/ejae17-27027

Access Statistics for this paper

More papers in Post-Print from HAL
Bibliographic data for series maintained by CCSD ().

Page updated 2023-09-12
Handle: RePEc:hal:journl:hal-03322905