Financial Literacy and Digital Financial Inclusion: Pathways to Empowering Women Entrepreneurs – A Systematic Review

DOI

10.2991/978-2-38476-533-1_22How to use a DOI?

Keywords

Digital Financial Literacy; Financial Literacy; Financial Inclusion; Women Entrepreneurs; Economic Empowerment; Business Sustainability; Digital Inclusion

Abstract

In the rapidly altering global economy, financial literacy and digital inclusion have grown into crucial factors in empowering women entrepreneurs. Even though their number in the business sector is growing, female entrepreneurs frequently encounter obstacles such as restricted access to funding, collateral needs, and financing procedures that are discriminatory against them based on their gender. This study thoroughly examines the relationships among financial literacy (FL), digital financial literacy (DFL), and financial inclusion (FI), exploring how they all work together to foster economic empowerment for women and the sustainability of businesses. The study employs the PRISMA methodology for identification, screening, and analysis from 46 peer-reviewed articles that were published between 2010 and 2025. Findings show that while DFL improves access to financial technologies, enabling greater participation in inclusive finance, FL gives women essential decision-making skills. All of these abilities collaborate in order to enhance women’s participation in the digital economy, boost access to capital, and promote resilience. The findings demonstrate the manner in which FI is mutually reinforced by FL and DFL, paving the road for sustained entrepreneurship and economic empowerment. The paper further addresses systemic issues, such as sociocultural obstacles, limited tailored products, and technology limitations. The policy recommendations highlight inclusive financial products, initial financial education integration, and targeted DFL programs in order to address current discrepancies. These cornerstones can be strengthened to promote inclusive growth, alleviate inequality, and assist the long-term economic viability of women entrepreneurs.

Copyright

© 2025 The Author(s)

Open Access

Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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TY  - CONF
AU  - Jayashree Bharali
AU  - Pranami Chakravorty
PY  - 2025
DA  - 2025/12/31
TI  - Financial Literacy and Digital Financial Inclusion: Pathways to Empowering Women Entrepreneurs – A Systematic Review
BT  - Proceedings of the International Conference on Smart Systems and Social Management (ICSSSM-2 2025)
PB  - Atlantis Press
SP  - 361
EP  - 378
SN  - 2352-5398
UR  - https://doi.org/10.2991/978-2-38476-533-1_22
DO  - 10.2991/978-2-38476-533-1_22
ID  - Bharali2025
ER  -