The Effect of Financial Inclusion on Enterprise Performance in Cameroon

Abstract

Financial inclusion is an important policy objective in many countries, including Cameroon. The aim is to provide access to financial services to all segments of the population, including those who are traditionally excluded from the formal financial system. This paper examines the effect of financial inclusion on enterprise performance in Cameroon. Specifically, it investigates how access to financial services affects the financial performance of enterprises in the Cameroon. The study uses quantitative method to analyse data from a sample of enterprises operating in different sectors of the economy. The findings suggest that financial inclusion has a positive effect on enterprise performance, as it enables enterprises to access credit, use financial services, and make strategic investments. However, the impact of financial inclusion is not uniform across different types of enterprises, and there are some challenges that need to be addressed to ensure that the benefits of financial inclusion are widely shared. The paper discovered that financial inclusion can be measured through various indicators such as access to financial services, usage of financial services, and quality of financial services. The paper concludes with some policy recommendations for promoting financial inclusion and improving enterprise performance in Cameroon.