Financial inclusion and low-income women's new venture initiation: A Field experiment

• Financial inclusion—access to formal banking—positively influences new venture creation among low-income women. • The link between bank account ownership and venture creation weakens for women in highly restrictive gender norm contexts. • Having a bank account boosts women’s money skills, opportunity recognition, and entrepreneurial self-efficacy. • The indirect effects are weaker for women in contexts with high vs. low restrictive gender norms.