Financial inclusion in Peru: Appraisal and perspectives
Financial inclusion is a relevant matter that is constantly being looked upon, given its influence in reducing poverty and enabling the low-income population to access financial products and services, thus improving their living condition. This research aims to analyze the evolution of financial inc...
| Main Authors: | , |
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| Format: | Article |
| Language: | Spanish |
| Published: |
Universidad Nacional Mayor de San Marcos
2023-07-01
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| Series: | Quipukamayoc |
| Subjects: | |
| Online Access: | https://revistasinvestigacion.unmsm.edu.pe/index.php/quipu/article/view/25882 |
| _version_ | 1797257108464336896 |
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| author | Emerson Toledo Concha Víctor León Reyes |
| author_facet | Emerson Toledo Concha Víctor León Reyes |
| author_sort | Emerson Toledo Concha |
| collection | DOAJ |
| description | Financial inclusion is a relevant matter that is constantly being looked upon, given its influence in reducing poverty and enabling the low-income population to access financial products and services, thus improving their living condition. This research aims to analyze the evolution of financial inclusion in Peru during the last seven years (2016-2022);also, it takes into consideration information from secondary source databases, such as reports from the World Bank, the Superintendencia de Banca y Seguros, and the Banco Central de Reserva del Perú. The method used has a descriptive and explanatory design. The findings of the research provide evidence that 56% of the Peruvian population has access to financial services (64% in urban areas and 31% in rural areas), which falls below the goal of 75% set by the Peruvian government. This gap can be attributed to customer service costs, including in-person service or adequate infrastructure for better service (access limitations), and poor financial education (limiting broader usage). |
| first_indexed | 2024-04-24T22:32:24Z |
| format | Article |
| id | doaj.art-3047e14d7b1c4763832c0f9f8a81606e |
| institution | Directory Open Access Journal |
| issn | 1560-9103 1609-8196 |
| language | Spanish |
| last_indexed | 2024-04-24T22:32:24Z |
| publishDate | 2023-07-01 |
| publisher | Universidad Nacional Mayor de San Marcos |
| record_format | Article |
| series | Quipukamayoc |
| spelling | doaj.art-3047e14d7b1c4763832c0f9f8a81606e2024-03-19T15:46:39ZspaUniversidad Nacional Mayor de San MarcosQuipukamayoc1560-91031609-81962023-07-013165738410.15381/quipu.v31i65.2588238196Financial inclusion in Peru: Appraisal and perspectivesEmerson Toledo Concha0https://orcid.org/0000-0002-1660-0305Víctor León Reyes1https://orcid.org/0000-0001-9072-0105Pontificia Universidad Católica del Perú, Lima. PeruPontificia Universidad Católica del Perú, Lima. PeruFinancial inclusion is a relevant matter that is constantly being looked upon, given its influence in reducing poverty and enabling the low-income population to access financial products and services, thus improving their living condition. This research aims to analyze the evolution of financial inclusion in Peru during the last seven years (2016-2022);also, it takes into consideration information from secondary source databases, such as reports from the World Bank, the Superintendencia de Banca y Seguros, and the Banco Central de Reserva del Perú. The method used has a descriptive and explanatory design. The findings of the research provide evidence that 56% of the Peruvian population has access to financial services (64% in urban areas and 31% in rural areas), which falls below the goal of 75% set by the Peruvian government. This gap can be attributed to customer service costs, including in-person service or adequate infrastructure for better service (access limitations), and poor financial education (limiting broader usage).https://revistasinvestigacion.unmsm.edu.pe/index.php/quipu/article/view/25882financial inclusionuseaccessqualitywellnessfinancial services |
| spellingShingle | Emerson Toledo Concha Víctor León Reyes Financial inclusion in Peru: Appraisal and perspectives Quipukamayoc financial inclusion use access quality wellness financial services |
| title | Financial inclusion in Peru: Appraisal and perspectives |
| title_full | Financial inclusion in Peru: Appraisal and perspectives |
| title_fullStr | Financial inclusion in Peru: Appraisal and perspectives |
| title_full_unstemmed | Financial inclusion in Peru: Appraisal and perspectives |
| title_short | Financial inclusion in Peru: Appraisal and perspectives |
| title_sort | financial inclusion in peru appraisal and perspectives |
| topic | financial inclusion use access quality wellness financial services |
| url | https://revistasinvestigacion.unmsm.edu.pe/index.php/quipu/article/view/25882 |
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