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September 2015

An overview of developments and trends in Kenya’s retail financial landscape

Globally, 60 percent of adults conduct their financial affairs with the benefit of an account. In Kenya, thanks in large part to mobile money, 2014 estimates from the World Bank’s Findex survey program suggest that nearly 3 in 4 adults have an account. In the recent Brookings Financial and Digital Inclusion Project (FDIP) Kenya ranks 1st among […]

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Publications
November 2008

Measuring access to financial services in Kenya: Pretesting of concepts

The primary objective of this report was to pre-test some concepts for the FinAccess 2009 survey. The concepts include: (1) Financial literacy – familiarity with product terminology such as collateral, interest rates, bad debt, mortgage, credit bureau, insurance, life insurance, investment and shares; ƒ (2) Usage of informal groups – reasons why they are formed, why they […]