Microfinance and Gender Equality in Indonesia

  • John Vong
  • Insu Song
Part of the Topics in Intelligent Engineering and Informatics book series (TIEI, volume 11)


The financial inclusion of women micro entrepreneurs is both important and necessary for the holistic socio-economic development of a nation. This paper aims to address the gap in the study of the processes of financial inclusion by women micro-entrepreneurs in Indonesia. The research will contribute to the pool of academic resources related to financial inclusion, micro credit, and women entrepreneurship that intend to improve the processes and benchmarking for financial inclusion initiatives. In writing this paper, there was extensive literature research plus in situ research conducted in Indonesia. There is also a significant amount of evidence that is related to factors that contribute to gender inequality. Both desk research and field research found that financial exclusion is linked to financial education, cultural norms of rural Indonesia and high banking cost and mobile payments. In conclusion, the authors recommend improving processes in designing financial products and financial education, and lowering the cost of banking, especially in the use of mobile payment technology, and instituting micro-insurance. Further research is recommended to generate hypotheses relating to financial inclusion and women entrepreneurship in Indonesia.


Financial inclusion Financial exclusion Cost of banking Bank products Education for women Micro finance Rural indonesia Women micro-entrepreneurs Payment technology Gender inequality Access to formal finance 


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Copyright information

© Springer Science+Business Media Singapore 2015

Authors and Affiliations

  1. 1.Financial IT AcademySingapore Management UniversitySingaporeSingapore
  2. 2.School of Business (IT)James Cook UniversitySingaporeSingapore

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