Shem Alfred Ouma|Teresa Maureen Odongo|Maureen Were
Mobile financial services and financial inclusion: Is it a boon for savings mobilization?
Kenya School of Government|Kenya School of Government
adoption mobile telephony provide financial services africa become instrumental integrating hitherto unbanked segments population mainstream financial systems study sought establish linkage examining whether pervasive use mobile telephony provide financial services boon savings mobilization selected countries sub saharan africa findings show availability usage mobile phones provide financial services promotes likelihood saving household level access mobile financial services boost likelihood save also significant impact amounts saved perhaps due frequency convenience transactions undertaken using mobile phone forms savings basic mobile phone savings stored phone bank integrated mobile savings likely promoted use mobile phones thus growing deepening scope mobile phone financial services avenue promoting savings mobilization especially among poor low income groups constrained access formal financial services