| dc.description.abstract | This study sought to examine how Socio-Economic factors influence financial literacy among women in rural areas in Uganda, focusing on Luweero district. The major aim was exploring the relationship between Socio-Economic factors such as Income factors e.g. (Education levels, Earn a living, Monthly income, Business owned, Type of business and Financial training), and
Saving factors e.g. (Village Saving Loan Association(VSLA),Budgeting, Decision making, Long term investments, Kitchen garden and Priority for money). And the financial literacy. For this study, data was collected from 155 rural women in Luweero District as part of the Financial Awareness and Literacy Project conducted in August 2022. The study found that financial literacy among these women is moderate, with a median score of 6.00 out of 10. Education was found to significantly influence financial literacy levels. The results of the study under bivariate analysis revealed no relative significant relationships between financial literacy and Earn a living(P=0.107), monthly income(P=0.752), own a business (P=0.409), financial training(P=0.234), VSLA’s (P=0.250), Budgeting(P=0.148), Decision Making(P=0.237), Long term investments(P=0.501), Kitchen Garden(P=0.466),
Priority for money(P=0.471). This study recommends that there is a need for financial training and education or financial
literacy programs for different groups of rural women on financial literacy more especially to those who have never received any form of financial literacy training. Women should be trained on different concepts of financial skills such as Budgeting, Decision making, long term investment. This research contributes to the understanding of financial literacy in rural settings and provides
actionable recommendations for policymakers, educators, non-governmental organizations, and community leaders seeking to improve the financial well-being of rural women in Luweero District. It underscores the importance of addressing unique challenges and opportunities that shape financial literacy outcomes in this context | en_US |
