mobile financial transactions

Community-Level Economic Effects of M-PESA in Kenya: Initial Findings

Posted by MohiniBhavsar on Sep 02, 2010
Community-Level Economic Effects of M-PESA in Kenya: Initial Findings data sheet 2588 Views
Megan G. Plyler, Sherri Haas, and Geetha Nagarajan
Publication Date: 
Jun 2010
Publication Type: 
Report/White paper

M-PESA an agent-assisted, mobile phone-based, person-to-person payment and money transfer system, was launched in Kenya on March 6, 2007. This study is the first of its kind to explore the economic effects of M-PESA in Kenya at the community level.

The findings from the first stage of the study indicate that M-PESA affects the economic outcomes of community members, both users and non-users of M-PESA, through direct and externality effects, and identify 11 economic effects within the broad categories of local economic expansion, security, capital accumulation and business environment after 2.5 years of M-PESA’s use in these communities. The research also shows that effects were not visible in all the study communities and among all the population segments within the communities; they tended to be influenced by gender and geographic location of the communities.

Also, the effects were not always perceived as mutually exclusive, but as interwoven with each other to produce overall community effects.

Today: CGAP Webcast on Mobile Banking for Poor People

Posted by KatrinVerclas on Dec 11, 2008

CGAP, one of the leading organizations conducting research and providing leadership in the mobile banking space in the developing world, is holding a live webcast today from 2-5 pm Eastern Time (-5 GMT). Here are the details:

Mobile Banking for Poor People: Pioneer Perspectives
a CGAP roundtable and webinar

Dec. 11, 2008 | 2:00pm – 5:00pm
World Bank Headquarters, Washington DC | online at

By the end of 2008, the UN says there will be four billion mobile phone connections globally. Millions of air-time resellers and retail agents in developing countries make it possible to distribute financial services at far lower cost than through traditional channels.