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Financial Literacy for Women, A case of Malawi

Author

Listed:
  • Chakanika, Precious
  • Qutieshat, Abubaker

Abstract

The paper presents findings from a study carried out to assess the level of financial literacy among women in Malawi. A survey method was used, whereby a questionnaire was developed and administered through Google Forms. The findings indicate that financial literacy for women in Malawi is moderate. The study recommends more trainings on financial literacy for women in Malawi, and the findings indicate a willingness among women to participate in such trainings. The study also recommends learning institutions, Ministry of finance, financial institutions and other players should enhance involvement of in financial literacy programs which should target both young and adult populations. The study will help inform other similar studies in the future considering that there is limited literature on the topic in Malawi and Africa at large. This research is the only one that has been carried out to indicate the levels of financial literacy for Women in Malawi.

Suggested Citation

  • Chakanika, Precious & Qutieshat, Abubaker, 2025. "Financial Literacy for Women, A case of Malawi," MPRA Paper 127390, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:127390
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    References listed on IDEAS

    as
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    Keywords

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    JEL classification:

    • D14 - Microeconomics - - Household Behavior - - - Household Saving; Personal Finance
    • D91 - Microeconomics - - Micro-Based Behavioral Economics - - - Role and Effects of Psychological, Emotional, Social, and Cognitive Factors on Decision Making
    • G02 - Financial Economics - - General - - - Behavioral Finance: Underlying Principles

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