Influence of Social Capital on Promoting Sustainable Livelihood? Mediating Effect of Financial Inclusion
Keywords:
Social capital, Financial Inclusion, Sustainable LivelihoodAbstract
The reason of this research work was to examine the influence of social capital on promoting sustainable livelihood with mediating effect of financial inclusion. By using primary questionnaire, the data was gathered. The questionnaires were distributed to the indigenous people in Bishnupur village rangpur city at Bangladesh. A statistical software named as Smart PLS 4 version was used for analysis. The structural equation modeling was used to empirically examine the impact of social capital in promoting sustainable livelihood among the indigenous people. Initially, 350 questionnaires were distributed out of which 278 valid samples were used for further analysis. The result depicts a positive and significant relationship between social capital and sustainable livelihood which means that social capital is a catalyst for uplifting the standards of poor people living a vulnerable life. Additionally, financial inclusion also positively and significantly mediates the association among the social capital and sustainable livelihood in such a way that it strengthens the relationship.
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