Effect of mobile money on poverty
WebView The Impact of Mobile Money on Poverty. Topics covered in the brief include: Risk sharing and resilience. Digital remittances and migration. Occupational choice and … WebJun 1, 2024 · The article concludes that the uptake of mobile money services is likely to increase household income per capita and the likelihood that households receive domestic remittances, with the effects being likely greater if the household users are headed by financially-literate persons.
Effect of mobile money on poverty
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WebFeb 1, 2024 · This paper aims to analyse the effect of mobile money on multidimensional poverty reduction. To that end, the Alkire and Foster (2011) approach was used to … WebMar 19, 2024 · Mobile money adoption. We find significant levels of adoption of the mobile money service among rural households in treatment locations: nearly 87% of the treated …
WebJan 5, 2024 · The study found that increased access to mobile money has reduced poverty in Kenya, particularly among female-headed households. Rapid expansion of mobile money has lifted an estimated 2 percent ... WebApr 5, 2024 · The results showed that the probability of mobile telephony reducing poverty and increasing per capita consumption is more pronounced in male-headed households. ... Future studies on this topic should subject to data availability, estimate the quantitative effects of mobile money services and digital payment platforms on inclusive growth in …
WebAug 22, 2024 · Mobile money has become a lifeline for millions of poor people who have limited access to a formal banking system. It encompasses a wide range of benefits such as women’s empowerment, risk sharing, improved labor market outcomes and reductions in poverty. In this paper, we ask whether mobile money can help lift people out of poverty. WebFeb 1, 2024 · Mobile money can also reduce poverty by facilitating remittances to the poorest ( Aker et al., 2016; Munyegera and Matsumoto, 2016 ). However, there is little …
WebJul 13, 2024 · In Kenya, where a widely-used mobile–based money transfer service, M-PESA, has dramatically reduced the cost of sending money across large distances, …
WebJul 16, 2024 · In the last decade, mobile money has accelerated financial inclusion for many people in the developing world as evidenced by progress made in Somalia, Kenya and other countries in Africa, Asia and ... grass growing through pool linerWebView The Impact of Mobile Money on Poverty Topics covered in the brief include: Risk sharing and resilience Digital remittances and migration Occupational choice and productivity Relationship between mobile money use, savings, and investment Impacts on consumption and poverty chittorgarh to sanwariya seth temple distanceWebDec 8, 2016 · A study finds the mobile-money service M-PESA has lifted 194,000, or 2 percent, of Kenyan households out of poverty, having greater impact on female-headed households and helping 185,000 women shift from farming to business occupations. The study was co-authored by Tavneet Suri of the MIT Sloan School of Management. grass growing through drivewayWebHowever, evidence of the welfare effect of mobile money is slowly forthcoming. In Kenya, for instance, mobile money is largely used for payments [13]. Suri and Jack [14] found that in Kenya, access to mobile money agents within a 1-km radius of households increases household’s savings between 2–3%. chittorgarh tourist attractionsWebJan 4, 2024 · Mobile money users are therefore more financially resilient and can protect themselves better against economic and other shocks. It also allows them to increase … grass growing unevenlyWebDec 1, 2016 · It is estimated that access to the Kenyan mobile money system M-PESA increased per capita consumption levels and lifted 194,000 households, or 2% of Kenyan … grass growing through turfWebMobile money lowers the costs of financial transactions, making it a promising tool for brining financial services to rural areas. This paper studies the effects of rolling out … grass growing through rocks