The rapid adoption of mobile money transfer (MMT) in East Africa, and Kenya in particular, is facilitating a nexus of inter-personal financial transfers which has hitherto been the least visible dimension of informal finance. At the same time, the success of capturing these flows into a formal...

Policy emphasis has recently shifted to ‘Finance for All’ given evidence that financial sector development (FSD) contributes to growth but that the primary effects on poverty do not arise from pro-poor provision. This paper uses data from Financial Access Surveys carried out in 2006 in Kenya...