“…Research regarding the influence of financial inclusion on MSMEs' growth has been done by numbers of researchers, namely, Abdmoulah and Jelili (2013), Banarjee (2014), Chauvet and Jacolin (2017), Lee et al (2019), Khan (2011) as well as Morgan and Pontines (2018). Several studies concluded that proper implementation of financial inclusion can increase economic activity, including improving MSMEs' performance (Egbetunde, 2012;Goodland et al, 2012;Khan, 2011;Martinez, 2011;Mbotor & Uba, 2013;Okafor, 2012;Onaolapo, 2015;Yaron et al, 2013).…”