Inclusive finance's background and significance.

The background and significance of inclusive finance are as follows:

1. inclusive finance background: inclusive finance refers to a financial model that provides financial services for low-income, small and medium-sized enterprises and rural areas. Also known as community finance and microfinance. The emergence of inclusive finance is to solve the problem of "financial exclusion", that is, the problem that traditional financial institutions are unwilling to provide financial services to low-income people and small and micro enterprises, and to some extent help improve the financial situation in poor areas and enhance their living standards and development opportunities.

2. Significance of inclusive finance: inclusive finance is particularly important to developing countries, because there are a large number of poor people and small and micro enterprises in these countries, and traditional financial institutions cannot meet their needs. Promoting the development of inclusive finance will give these people more equal opportunities and help to promote economic growth and social development.