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Articles on Mobile money

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Taking a loan has never been easier thanks to the proliferation of mobile lending platforms. Rosenfeld Media/Wikimedia Commons

Mobile-based lending is huge in Kenya: but there’s a downside too

Mobile loan platforms have given Kenyans access to easy loans, but they come at a high price.
An M-Pesa agent and mobile phone shop in Nairobi. A decade after it was introduced economic benefits are being felt. EPA/Boniface Mwangi

Study provides fresh insights into the benefits of mobile money in Kenya

M-PESA was launched nearly a decade ago in Kenya. New evidence suggests that the mobile money banking system has helped reduced poverty levels, particularly in households headed by women.

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