Publications

Results 21 - 30 of 49
Publications
April 2015

How M-Shwari Works: The Story So Far

This report provides an overview of M-Shwari and answers three core questions: What is M-Shwari and how does it work?  Who are M-Shwari customers and how are they using the product?  Why are customers using (or not using) M-Shwari? The report concludes with an exploration of the broader implications of products like M-Shwari, including:  How will “big […]

Retail innovations
August 2015

M-BIMA

M-BIMA is Kenya insurance firm CIC’s 12 year endowment product that combines savings with a life and disability cover. Payments and claims are settled through M-PESA. Subscribers send contributions from as low as ksh.20/- per day through their mobile phones at no transaction costs.

Retail innovations
August 2015

M-Shwari Lock Savings Account

A fixed deposit feature on M-Shwari platform. The service allows customers to save a minimum of Sh500 for six months at interest rates of up to six per cent per annum. The new feature banks on the strength of recurrent customer feedback which suggested the need for a facility to instill discipline in medium term […]

Retail innovations
August 2015

M-SHWARI

M-Shwari is a dual-credit/savings product for M-PESA customers that is distinctly savings-led. It allows you to save as little as Ksh.1 and access micro credit product (loan) of a minimum of Ksh.100 any time and receive your loan instantly on your M-PESA account; while earning you interest on money saved. Customers are able to sign […]

Retail innovations
August 2015

M-KESHO

M-KESHO is a Bank Account enabling send money/funds transfer between the bank account (M-KESHO) & the M-PESA system (Deposit & Withdrawal). Features:Accessibility of the service is through M-PESA Menu service. M-KESHO Account is affordable with no Charges, no ledger fees and no minimum balance. M-KESHO Account holders’ registration is free of charge at any Equity […]

Retail innovations
August 2015

MamaKiba

MamaKiba (meaning “MotherSavings”) is a mobile pre-payment service that allows Jacaranda clients to safely prepay towards delivery costs to encourage a culture of saving and reduces the financial burden of delivery. Visiting Jacaranda, a mother will first create an electronic health record which will give her the option to open a Mamakiba account. This installs […]

Retail innovations
August 2015

Changamka Microhealth

A lack of a safe, cost-effective way of saving money over time makes it difficult for the poor to earmark funds for health expenses, even for expected medical costs such as maternity and delivery care. Changamka Microhealth Limited offers clients who may not have access to traditional banking platforms, various mobile savings accounts earmarked for […]