Impact of social, geographic and economic variables on formal financial inclusion for households in Peru and Piura 2019
Authors: Hidalgo Armest Ronald , Suncion Alban Katherine Ivonne , Villegas Yarleque Mario 
Published: August 2021

Reviewing economic theory, to maximize utility, the individual will have to decrease consumption, according to the income they receive and demand financial services to opt for savings, for which the objective was to determine the effect of economic and social variables and geographical areas that affect formal financial inclusion for the department of Piura in 2019. The best binary logistic model was chosen as a method through the lowest AIC and BIC, finding that the best model is the Probit, and the survey was also used as an instrument. national household (ENAHO), resulting in that the education and income variables have a greater direct relationship with the use of some type of financial services, the same happens with married marital status and age but to a lesser extent, in terms of location geographical area the rural area has an indirect relationship with the use of some type of financial services.
Keywords: Financial inclusion, Economic Variables, categorical models, financial determinants.
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