Research ArticleOpen AccessGoogle Scholar indexed
Can Micro-Credit Promote Financial Inclusion? The Evidence from China
University of Jinan, Jinan, China
Shandong University, Shandong Communication and Media College, Jinan, China
The People’s Bank of China, Jinan, China
- 1 University of Jinan, Jinan, China
- 2 Shandong University, Shandong Communication and Media College, Jinan, China
- 3 The People’s Bank of China, Jinan, China
Journal of Financial Risk Management·Volume 07 (2018)·Pages 428–441·Published 13 November 2018·DOI10.4236/jfrm.2018.74023
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Abstract
This paper offers an analysis of the effect of micro-credit to financial inclusion. We use the survey data of Shandong Province in China since 2010 to 2016, and measure the index of financial inclusion to build the sample for empirical study. This paper examines the role of micro-credit for enlarging the coverage of financial service and decreasing the financial cost. Finally, we give the evidence that the development of micro-credit has the positive effect on promoting the financial inclusion.
KeywordsFinancial InclusionMicro-CreditIndex of Financial Inclusion
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