Publications

Results 51 - 60 of 61
Publications
April 2014

What do low-income people know about money? Indigenous financial concepts and practices and their implications for financial inclusion

In what ways do norms and expectations about the actual processes of saving and borrowing create a disjuncture between the formal sector and indigenous experiences? Bridging this divide between every day and formal financial concepts and practices is part of the key to being able to develop more appropriate products and services that will support […]

Publications
March 2014

Informal financial practices and social networks: Transaction genealogies

Mobile money transfers (MMT) have enabled informal financial sector transactions to grow and operate more efficiently, offering increased competition to the formal financial sector. Recent research has found that MMT is facilitating informal interpersonal transfers that are far more varied and complex than suggested by the ‘send money home’ domestic remittance entry-point rationale of M-Pesa […]

Publications
March 2012

The search for inclusion in Kenya’s financial landscape: Annex 2 – Demand-side survey

This annex reports more detailed findings from the demand side survey than are contained in the main report. First, the methodology of the survey is explained before proceeding to two further sections. The second section, reports more detailed descriptive data on a service by service basis. It aims to ensure that detailed findings are available […]

Publications
March 2012

The search for inclusion in Kenya’s financial landscape: The rift revealed summary report

Does the rapid adoption of mobile phone based money transfer services (MMT) suggest a tectonic shift in Kenya’s financial landscape and the greater potential for formal sector inclusion – especially in savings or transactions accounts? This report examines the use of MMT within the context of informal and formal financial service use. The study investigated […]

Publications
March 2012

The search for inclusion in Kenya’s financial landscape: The rift revealed

This report examines the use of M-PESA within the wider context of financial service use in Kenya. It argues that the way this service is being used offers evidence of a key feature of the logic of people’s financial transactions: that they are embedded in the give and take nature of inter-personal transfers within social […]

Publications
January 2012

The search for inclusion in Kenya’s financial landscape: Annex 3 – Maps and visual representations

This Annex contains maps displaying financial services usage patterns in Kenya based on the 2009 FinAccess survey. Five maps present spatial variation in estimated usage at a fine scale for the main formal, semi-formal and informal services in Kenya, namely, banks, M-PESA, MFIs, SACCOs and ROSCAs. In additional, visual representations show financial service use in […]

Publications
December 2011

Liquidity and savings in the age of M-PESA

This paper shares the experience of designing and launching Jipange KuSave (JKS), a process that highlights the importance of iterative testing, vigilant innovation accounting, rapid customer development, and commercial model validation. It also exposes the innovator’s dilemma in trying to provide savings services for the poor. Can licensed incumbents think beyond the short-term need to […]

Publications
January 2009

The role of financial services in the economic empowerment of AIDS-affected households. A review of practice and options in Kenya.

In Kenya today, a variety of activities are under way to address the economic and financial constraints felt by HIV/AIDS-affected households. Financial service providers and health organisations alike have spearheaded these activities, and are making small inroads in empowering people made more vulnerable by HIV/AIDS. DAI assessed these initiatives for the Financial Sector Deepening (FSD) […]