Many nations, especially developing ones, have financial inclusion as a top economic priority since, according to research, it is inversely correlated with poverty. The World Bank defines financial inclusion as having widespread access to the absence of tariff or non-tariff barriers to the use of financial services is defined as such. Since traditional banking techniques to address financial inclusion in developing nations are ineffective, this issue is still a top priority and is included in the strategies to accomplish nearly half of the United Nations' sustainable development goals effectively (Isukul and Tantua 2021).  More crucially, many low-income nations still lack the social advancement and decline in income disparities that financial inclusion is intended to support. Financial exclusion, on the other hand, accentuates the already noticeable gender gap on the economic front: in less developed nations, female-headed businesses use 20% fewer loans than male-headed businesses, and households headed by women are 8% less likely to have formal accounts than households headed by men (Ghosh and Vinod 2017). Women entrepreneurs are typically not able to meet the stringent and particular standards of formal finance institutions, such as collateral and proof of domicile. This is partially brought on by cultural norms that discriminate against them and land or property rights. Another Women entrepreneurs sometimes encounter prejudice and preconceptions in their interactions with bankers, which makes it extremely difficult for them to join the formal financial network. As a result, the majority of female business owners rely heavily on self-financing when their companies are still starting started. Financially excluded female business owners may lack the resources necessary to seize opportunities or weather systemic or industry-specific shocks (Zogning 2021). Many nations have come to the conclusion that encouraging female entrepreneurs remains a crucial problem, and ensuring their access to and usage of top-notch formal financial services is one way to do this. This is particularly true in light of the pivotal role that female entrepreneurs play at the home and community levels, which has been identified as a common thread for economic and social transformation.

Keywords: Financial Inclusion, Entrepreneurship, World Bank, Social Transformation, Sustainable Development.