Analysis of the Microeconomic Factors of the Financial Inclusion of the Population in the Republic of Congo

Abstract

This article analyzes the microeconomic factors that explain the phenomenon of the financial inclusion of the population in Congo. The estimates are based on data from the Survey on Financial Inclusion in the Republic of Congo carried out in 2015 by the National Economic and Financial Council and the Bank of Central African States. The results obtained show that the requirement of low collateral is an incentive factor for inclusion and that individual characteristics (income, age group, level of education and marital status) are determining factors for financial inclusion in the Republic of Congo. These results help determine the economic policy implications of improving the population’s access to financial services for financial inclusion.