Access to Credit and Financial Services

Access to credit and financial services refers to the ability of individuals and businesses to obtain loans, credit cards, and other financial products. This access is crucial for meeting expenses, funding investments, or managing cash flow. It often depends on factors like income, credit history, and financial literacy. When people can access these services, they can improve their economic stability and growth. Conversely, lack of access can lead to financial hardship and limit opportunities for advancement, making it an important issue for economic equality and development.