Investment in improved agricultural inputs is infrequent for smallholder farmers in Africa. One barrier may be limited … access to formal savings. This is the first study to use a randomized controlled trial to evaluate the impact of using mobile … money as a tool to promote agricultural investment. For this purpose, we designed and conducted a field experiment with a …

affects the saving behavior of the subjects. Savings are higher when they are incentivized with matching contributions than …

whether subjects treat debt differently than savings. Two treatments create environments where either saving or borrowing is …