How do poor Kenyans manage their money? This executive summary synthesizes the key findings of the 2012-13 Kenya Financial Diaires project that looked very closely at the ways in which low-income Kenyans earned, spent, saved, borrowed and invested over the course of a year. The data from the project paint a rich picture of the […]
This short note profiles the savings behavior of “Kevin” – one of the participants of the 2012-13 Kenya Financial Diaries project – and addresses the bigger question of whether and in which cases restricted savings accounts are desirable for people living on little.
The Kenya Integrated Household Budget Survey (KIHBS 2005/06) project collected a wide spectrum of socio-economic indicators required to measure, monitor and analyse the progress made in improving living standards. Specifically, the KIHBS was designed to update and strengthen three vital aspects of the national statistical database, notably: the Consumer Price Index (CPI), poverty and inequality; and […]
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 […]
This case study explores the implementation and implications of Equity Bank’s partnership with the Hunger Safety Net Programme (HSNP) to support the payment of social protection benefits to the poor in Northern Kenya through agent banking and branch expansion.