ISSN: 2265-6294

Social Financial Inclusion and Gender Equity Drivers of Sustainable Green Entrepreneurship

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P Eko Prasetyo,Azwardi,Nurjannah Rahayu Kistanti

Abstract

Financial inclusion and literacy aim to improve the community’s sustainable financial accessibility and welfare. However, studies show that higher financial inclusion contributes to increased inequality. This study aimed to explore the potential of social and financial inclusion (SFI) and gender equity (GE) as community economic mitigation and a driver of sustainable green entrepreneurship (GEn). Qualitative and quantitative descriptive analyses were used through exploratory and explanatory designs. The study used primary data obtained through a survey of entrepreneurial actors in various areas in Indonesia. The data were collected using questionnaires, semi-structured interviews, and in-depth observations on the basic patterns of economic behavior, SFI, GE, and GEn. The quantitative analysis method used multiple linear regression experimental techniques. The results showed that financial inclusion could effectively support financial systems and products' stability. However, it cannot increase economic efficiency, sovereignty, and local community welfare. The potential of SFI and GE has not achieved total economic efficiency because their growth is still insignificant. This potential could increase the community's economic sovereignty, encourage productivity and sustainable GE, and reduce unemployment, inequality, and relative poverty. This study could contribute to a policy implication of strengthening national economic sovereignty through the Social Solidarity Economic (SSE) System model ethical and appropriate to the community's real conditions. Additionally, it could strengthen the understanding of new institutional theories, financial entrepreneurship, and innovation.

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