Access to Capital - Malawi
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Access to capital for women entrepreneurs in Malawi
Formal financial access in Malawi is very limited. Over half the population remains excluded. Consequently, financial service use is largely informal and lack of proximity to financial services is the key barrier to inclusion in Malawi. Financial inclusion is important for women because it helps them make payments reliably, access credit which can be invested in their enterprises, and to save. Financial inclusion has been seen to improve access to insurance products and services which are critical safeguards against risks in any type of business.