Access to Financial Services in Kaduna State Deep Dive

Out of the 4.1 m adults in Kaduna, 2.3m are financially excluded, most of EFINA these excluded adults are females, aged 18-25 years and business Enhancing Financial Innovation & Access owners Population dynamics Socio economic factors 54% are women 36% are farmers M 47% are business owners 84% have access to mobile phones Financial behavior 19% are borrowing from family and friends 68% do not have the formal ID and proof of address required to open an unrestricted account 21% are saving at home 11% are remitting through family & friends Source: EFINA Access to Financial Services in Kaduna State 2020 Survey 24

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