Abstract:
This study analysed the role of social capital in enhancing financial inclusion in Wakiso and Kiboga Town Councils in Uganda. A mixed methods approach was adopted. The study was guided by theories of financial intermediation and social capital. A random sample of 384 respondents was selected from a target population of 9,880. It was found that there is a significantly positive relationship between social capital and financial inclusion (r = 0.443, p < 0.001). This means that strong social networks among consumers are more likely to enable an even bigger number of people to access and use financial services. Therefore, a social clustering model was developed as a possible means of improving financial inclusion among Ugandan communities
