Goats and Soda : New M-PESA Study From Kenya: Can Mobile Banking Lift People Out Of Poverty? : NPR


 

M-PESA was launched nine years ago. Today almost every single household in Kenya uses it. Most Kenyans didn’t have access to traditional banks before. Which already makes mobile banking a game-changer.

Now scientists say there could be an extra benefit for poor customers: Mobile banking might lift people out of poverty.

Source: New M-PESA Study From Kenya: Can Mobile Banking Lift People Out Of Poverty? : Goats and Soda : NPR

Link to the study in the journal Science.

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