Publications
Published on November 17, 2015

The mobile money revolution in Kenya

Download  
Summary

A core component of financial well-being is the ability to deal with unexpected events. Mobile money has influenced the welfare of households and is shaping the emergence of a new financial economy in Kenya. Although M-PESA has led to large reductions in transaction costs, there is room for further reductions in transaction costs that would benefit Kenyan households. As is often the case, the next reductions in transactions costs will also be harder to achieve, and will require new innovations and new investments.

You might also like

Review of FSD’s index based weather insurance initiatives

CIS for innovation and financial Inclusion: “Mikopo Kisasa”

Becoming Business People

Financing SME growth in Kenya

Saving for change: Financial inclusion and resilience for the world’s poorest people

Major growth highlights from the 2015 FinAccess geospatial mapping survey