Innovations in rural and agricultural finance: M-PESA: Finding new ways to serve the unbanked in Kenya

dc.creatorLonie, Susie
dc.date2010
dc.date2024-10-01T14:02:21Z
dc.date2024-10-01T14:02:21Z
dc.date.accessioned2026-06-27T15:16:59Z
dc.descriptionOver the past three years, payment strategies for emerging markets have been revolutionized by the advent of a simple cell-phone-based payment service in Kenya called M-PESA (“M” for “mobile” and “pesa” for “money”). From a small-scale pilot program in 2006, M-PESA has become an outstanding success in Kenya; customer response has been unprecedented. Currently, more than 9 million Kenyans use M-PESA to perform tens of millions of transactions every month throughout the country. Although this success has led to new opportunities, it has also brought about many unforeseen challenges.
dc.formatapplication/pdf
dc.identifierhttps://hdl.handle.net/10568/154572
dc.identifier.urihttp://hdl.handle.net/123456789/99867
dc.languageen
dc.publisherInternational Food Policy Research Institute
dc.rightsOpen Access
dc.sourceLonie, Susie. 2010. Innovations in rural and agricultural finance: M-PESA: Finding new ways to serve the unbanked in Kenya. 2020 Vision Focus Brief 18(8). https://hdl.handle.net/10568/154572
dc.subjectmicrofinance
dc.subjectagriculture
dc.subjectsmallholders
dc.subjectrural finance
dc.subjectrisk management
dc.titleInnovations in rural and agricultural finance: M-PESA: Finding new ways to serve the unbanked in Kenya
dc.typeBrief

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