La inclusión financiera como una herramienta de impacto | Carolina Trivelli | TEDxYouth@Tukuy

Financial Inclusion for Social Inclusion

• Financial inclusion is a crucial tool for achieving social inclusion, especially for individuals facing poverty and exclusion.
• Low-income families often rely on costly, risky, and poorly managed informal financial services.
• Financial inclusion aims to ensure that all citizens, including those with limited resources, have access to quality financial services.
• Studies have shown that access to better financial services can improve the well-being and progress of low-income families.

Juntos Program in Peru

• The Juntos program provides a monthly cash transfer to mothers in exchange for ensuring their children's health and education.
• The program was combined with financial inclusion efforts to teach women how to use bank accounts and manage their finances effectively.
• This initiative empowered women, reduced the need for long queues at banks, and allowed for greater flexibility in accessing funds.
• Women quickly proved their ability to use debit cards and bank accounts effectively, preferring ATMs to long lines at the bank.
• Access to bank accounts empowered women, allowing them to better manage their money, plan for the future, and start small businesses.

Financial Inclusion and Women's Empowerment

• A previous project in 2005 introduced indigenous women in rural areas to savings accounts, which had a transformative impact on their lives.
• Many women initially opened accounts without their husbands' knowledge but later refused to share or make them joint, demonstrating their newfound sense of ownership and control over their finances.
• Financial inclusion and education are crucial for women, enabling them to make informed decisions about their money and improve their overall well-being.

Benefits of Financial Inclusion

• Financial inclusion can greatly improve people's lives, especially those in vulnerable populations such as rural areas, women, the elderly, and the less educated.
• Studies have shown that financial inclusion leads to increased savings, better financial management, improved housing conditions, and overall progress for individuals.
• Financial inclusion also benefits countries as a whole, leading to increased economic growth, reduced inequality, and greater financial stability.

Importance of Financial Education

• It is important for individuals to learn how to use financial services effectively, such as opening a savings account or using mobile wallets, to take advantage of the opportunities provided by financial inclusion.

Conclusion

• Financial inclusion can help individuals achieve their dreams and aspirations, while also contributing to the well-being of the country and creating more opportunities for all.