Retail Innovations

Results 41 - 50 of 57
Retail innovations
August 2015

Linda Jamii

Linda Jamii was launched to provide an affordable health insurance option to Kenyans. It provides comprehensive coverage for inpatient and outpatient services, as well as some dental and optical services. Benefits coverage includes a hospitalization income replacement benefit as well as funeral costs, should a beneficiary pass away. Using M-Pesa and a robust e-health IT […]

Retail innovations
August 2015

Okoa Stima

Okoa Stima allows Kenyans to get electricity from Kenya Power Lighting Company (KPLC) when they need it then pay for it within seven days at a fee of of 10 per cent of the amount borrowed. With the service, Safaricom subscribers can borrow any amount they require based on a predetermined limit given by their historical […]

Publications
January 2009

Mobile payments in Kenya: Findings from a survey of M-PESA users and agents

This report was undertaken by the Central Bank of Kenya’s National Payments System Division, FSD Kenya and the Consultative Group to Assist the Poor (CGAP) to better understand the emerging development of mobile money in Kenya. The findings are based on a survey of 3,000 households that was carried out from the 26th of August […]

Datasets
July 2015

Agent Network Accelerator (ANA) survey Kenya 2014

The Agent Network Accelerator survey focuses on identifying the operational determinants of success in agent network management in the following areas: quality of provider support, agent & agency demographics, core agency operations, liquidity management and business model viability. The 2014 dataset is not yet available publicly, but the 2014 findings can be accessed at the […]

Retail innovations
July 2015

M-KOPA III solar home systems

M-Kopa is a mobile venture aiming at making it simpler and more affordable for Kenyans to acquire productive assets. The key to the M-Kopa solution is financial transactions facilitated via the mobile phone and easy and secure monitoring of the assets being acquired by the clients. An interesting benefit of this model is a flurry […]

Publications -
February 2015

Cashlite report: Are we there yet? Rethinking the evolution of electronic payments in Kenya

This report examines data from Financial Diaries studies conducted in both Kenya and South Africa in 2012 and 2013 to better understand the extent to which low-income consumers are being affected by broad trends towards the digitization of payments: through card payments in an increasingly banked population in South Africa and via mobile money in […]

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
June 2012

Time for cash to cash out? Scoping Kenya’s path to a cash-lite society

Cash is an expensive financial instrument. Because it is physical, it must physically change hands, be aggregated, moved over space, and protected from theft both in small and large values. All of this – transportation, processing time, security, and the need for physical storage – entails costs. Electronic payment systems represent what could be a […]

Publications -
April 2012

Why doesn’t every Kenyan business have a mobile money account?

M-PESA agents and, increasingly, the agents of other mobile money schemes and banks are everywhere. The most striking thing about mobile money in Kenya is how visible it is: the proliferation of store signage leaves no one with any doubt that something big is happening in the Kenyan payment space. It is estimated that three […]