On the occasion of the Arab Financial Inclusion Day, it was launchedIraqi Small and Medium Enterprises Finance Company LimitedAn initiative to finance women entrepreneurs to enhance the economic empowerment of Iraqi women

Financial inclusion is a major reason for the country's economic growth, and works to achieve financial stability. The country's economic situation will not improve, in light of the presence of a large number of individuals and institutions who are financially excluded from the formal financial sector.

Financial inclusion ensures that financial institutions develop their products and compete among themselves to provide low-cost, easy-to-obtain financial products that take into account the interest of the consumer.

Benefits of financial inclusion for low-income people...

Financial inclusion concerns large segments of society, especially segments that are marginalized or do not find formal financial products that suit their needs, such as the poor, low-income people, especially women, owners of small, medium, and micro enterprises, children, youth, and others.

Financial inclusion ensures that all groups have access to financial products appropriate to their needs and circumstances, which leads to a higher standard of living, thus reducing poverty rates and achieving economic growth for individuals and the country.