Socio-economic Effects of Mpesa Adoption on the Livelihoods of People in Bureti Sub County, Kenya

Gikunda, Raphael Mwiti; Abura, Gilbert Odilla; Njeru, Samuel Gitonga

doi:10.6007/ijarbss/v4-i12/1369

Cited by 11 publications

(4 citation statements)

References 5 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…Therefore, their assumption was that the adoption of mobile money services is likely to improve upon should promotion programme is targeted at networks that were more social. Gikunda et al (2014) examined the socioeconomic effects of the adoption of M-PESA mobile money system on the means of subsistence in the sub-County of Bureti. The findings show a positive and strong correlation between M-PESA and job creation, access to credit facilities the generation of income in the rural and urban zones of Kenya.…”

Section: Literature Reviewmentioning

confidence: 99%

Mobile money operations, financial inclusion and Socioeconomic factors in the Niger-Delta Region of Nigeria

Ikue

Sodipo²,

Zeb-Omoni³

et al. 2021

IJRBS

View full text Add to dashboard Cite

The improvement in the standard of living of citizenry is beyond lack of money but the poverty to access financial instruments and means to financial platforms. Such that lack of access to financial instruments and services is a major veritable channel for poverty amplification in the society. This paper examines the relationship between Mobile Money Operations (MMOs) and Financial Inclusion in the Niger Delta region of Nigeria. The paper also analysis the trends of the instruments of financial inclusion and MMOs in Nigeria from 2012 to 2019. The primary and secondary were data sourced and analyzed with the Net Balance Methods, Instruments of inferential and descriptive statistics. The survey results show a visual cycle of higher number of respondents with secondary school qualifications and less which have led to low income and an ineffective participation to mobile money and financial inclusions in the rural areas. We equally observed that poor internet and mobile networks, epileptic power supply, unclear economic policies among others are major setback for the insignificant relationship between MMOs and financial inclusion in the Niger Delta region. This implies that the growth of mobile banking and financial inclusions to facilitate financial system soundness and enhances economic growth and development required more motivations from institutions other than the financial institutions; as a ways of encouraging increased Nigerians participation. Base on the result the paper can assumes that the financial system has provided the needed instrument for citizen participation but the social and economic conditions of the country is the bottleneck for financial inclusions.

show abstract

Section: Literature Reviewmentioning

confidence: 99%

Mobile money operations, financial inclusion and Socioeconomic factors in the Niger-Delta Region of Nigeria

Ikue

Sodipo²,

Zeb-Omoni³

et al. 2021

IJRBS

View full text Add to dashboard Cite

show abstract

“…It has spread to seven countries in Africa with 41.5 million active accounts and 12 billion transactions in 2019. 49 The literature shows that M-PESA has increased employment, the speed and value of remittances, improved consumption smoothing and overall welfare Munyegera & Matsumoto 2016;Mwiti Gikunda, Odilla & Gitonga Njeru 2014;. Mobile payments are associated with low cost and high levels of security, and it is almost as liquid as cash.…”

Section: Paymentsmentioning

confidence: 99%

Financial inclusion and the poor

Simatele¹

2021

Financial Inclusion: Basic Theories and Empirical Evidence From African Countries

View full text Add to dashboard Cite

Peer Review DeclarationThe publisher (AOSIS) endorses the South African 'National Scholarly Book Publishers Forum Best Practice for Peer Review of Scholarly Books'. The manuscript was subjected to rigorous two-step peer review prior to publication, with the identities of the reviewers not revealed to the author(s). The reviewers were independent of the publisher and/ or authors in question. The reviewers commented positively on the scholarly merits of the manuscript and recommended that the manuscript be published. Where the reviewers recommended revision and/or improvements to the manuscript, the authors responded adequately to such recommendations. v Research JustificationFinancial inclusion has been noted as a key driver of poverty alleviation and growth. Yet most of the scholarly work that exists lacks a comprehensive discussion on how the poor interact with financial services and the channels through which such services can affect their livelihoods. This book addresses this gap in scholarship. This is important in creating a substantive understanding of how useful financial inclusion is as a concept and practice. The number of articles written on the determinants and effects of financial inclusion at a broad cross-country level is growing. Yet almost all of this literature assumes the impacts of financial inclusion without paying attention to how these effects are transmitted. An understanding of the transmission mechanisms is fundamental to effective application. Moreover, a rapidly developing discourse in financial inclusion literature is digital finance. Much has been written and is being written about the benefits of digital finance with hardly any discussion of the channels through which such benefits are transmitted. This book discusses the various transmission mechanisms through which not only traditional finance can affect the poor but also how digital finance is transmitted to poverty. Most significantly, the chapter on digital finance provides cross-country evidence for African countries.Moreover, the often-macro perspective in the financial inclusion literature implies that country-specific nuances that can provide critical learning points are often overlooked. This book provides six original empirical case studies of financial inclusion in six African countries. The case studies cover a broad area of topics most important to African countries and highlight the unique African setting. The role of cooperative financial institutions and social entrepreneurship presented in this volume, for example, is hardly researched in Africa and yet is an important vehicle to circumvent the restrictive and exclusive bank-based financial markets unique to Africa. The chapters employ various methodologies depending on the topic being addressed in the chapter. Most of these use quantitative methods. Five chapters are empirical in nature and use inferential statistics, whilst the other two use mixed methods with qualitative data as well as descriptive statistics. This scholarly book offers researchers who focus on f...

show abstract

“…Wyche et al ( 2012) discuss a number of key innovations developed with and by users from these emerging communities, such as the development of a mobile phone application for microfinance institutions in rural India (Parikh et al, 2006) and an evaluation of an interactive voice application that helps Indian farmers find relevant agriculture information (Patel et al, 2010). Another key such development is that of MPesa, the mobile-based money transfer system developed in Kenya and empowering changes in, for example, Bureti Sub County (Gikunda, Abura & Njeru, 2014); women in the fishing industry on Lake Victoria (White, 2012); east Africa breweries distributors in Nairobi (Thuo, 2014); and micro entrepreneurs in Laikipia East Sub County (Mwangi et al, 2015). Working with locals -in every context -and including the most marginalised in that work may prove to be the most powerful methodology of all for generating truly accurate pictures of the situations under study, be that Ethiopian adolescents under COVID-19 (Jones et al, 2020) or a much wider study of young lives (Tilford, 2020).…”

Section: Hci4dmentioning

confidence: 99%

Data for Development: Shifting Research Methodologies for Covid-19

Traxler

Smith

2020

JL4D

View full text Add to dashboard Cite

Successful and appropriate informal digital learning can help individuals and communities build sustainable and meaningful livelihoods, strengthen social cohesion and resilience, preserve and enhance cultural traditions and engage constructively and robustly with the wider world. Building digital learning that embodies participative and collaborative development and community ownership and control rests on the work of educators who understand these individuals and communities and their cultures, which may be very distant and different from global norms and the mainstream of their countries. These educators may, however, be reliant on research tools and techniques that are inappropriate or inadequate in these different settings and situations. This paper sets out a brief critique of these established tools and techniques as the prelude to reviewing a range of more innovative and eclectic ones drawn from a variety of disciplines. This is timely because COVID-19 has increased the barriers that separate educators from would-be learners whilst also increasing the education that these people and communities need.

show abstract

Socio-economic Effects of Mpesa Adoption on the Livelihoods of People in Bureti Sub County, Kenya

Cited by 11 publications

References 5 publications

Mobile money operations, financial inclusion and Socioeconomic factors in the Niger-Delta Region of Nigeria

Mobile money operations, financial inclusion and Socioeconomic factors in the Niger-Delta Region of Nigeria

Financial inclusion and the poor

Data for Development: Shifting Research Methodologies for Covid-19

Contact Info

Product

Resources

About