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has seen exceptional growth since its introduction by mobile phone operator Safaricom in Kenya in March 2007: it has … already been adopted by 14 million customers (corresponding to 68 percent of Kenya’s adult population) and processes more … sets of factors: (i) preexisting country conditions that made Kenya a conducive environment for a successful mobile money …
Persistent link: https://www.econbiz.de/10010840630
microfinance institutions (MFIs) in Kenya still face major challenges with efficiently and effectively delivering microfinance …Although microfinance has played a significant role in providing a wide range of financial products and services, many … greatly undermined the capabilities of MFIs to efficiently operate their services and expand their various microfinance …
Persistent link: https://www.econbiz.de/10005789729
The Financial Action Task Force embraces financial inclusion as complementary to anti-money laundering and counter-terrorist financing, as it enhances transparency. This support is based on the premise that the increased use of formal financial services leads to a reduction of usage of informal...
Persistent link: https://www.econbiz.de/10010662465
inclusion in sub-Saharan Africa? Focusing on Kenya, this paper uses Global Positioning System (GPS) data to investigate the … is formally banked and that despite the significant expansion of the bank branch network in Kenya (2006-2009), the … is found to support the hypothesis that mobile banking in Kenya is overcoming the tyranny of distance to bank …
Persistent link: https://www.econbiz.de/10010607428
Economic and social implications of the access to financial services both in developed and in developing countries have increasingly promoted the debate around the issue of considering “financial inclusion” as a public good, according to potential positive externalities associated to greater...
Persistent link: https://www.econbiz.de/10011257984
</titre> An increasing number of works on microfinance mention the social responsibility of private, public or mixed … organizations which deliver microfinance services. Their social responsibility has to be understood as a supply of financial … organization and program for their customers and their users, but also for the others actors of the microfinance sector they enter …
Persistent link: https://www.econbiz.de/10008926497
. Findings – Lenders who run the caisses populaires are not class or race biased; they understand how to make microfinance assist … structured to be socially inclusive. In fact, black microfinance lenders, as well as whitened local elites and foreigners, have a … socially conscious philosophy of using microfinance as a vehicle to ensure economic democracy for the masses. In doing this …
Persistent link: https://www.econbiz.de/10010747800
governing the microfinance sector and client protection is also crucial for improving financial inclusion in Sri Lanka. Much …
Persistent link: https://www.econbiz.de/10011075764
Microfinance intervention is considered an important component of development strategy to mainstream the poor rural … households with the formal financial system in India. However, there is some evidence for the reverse, that microfinance may, in … and the type of microfinance model through a case study in Varanasi, U.P. Comparing two microfinance models prevalent in …
Persistent link: https://www.econbiz.de/10011137512
institutions relied upon have their own problems. On the other hand, microfinance institutions (MFIs), given their widespread reach …
Persistent link: https://www.econbiz.de/10011139089