The Jipange KuSave Experiment in Kenya
Two trends in financial inclusion that are widely discussed today are the development of savings products designed specifically for poor clients and the ability to deliver financial products over the mobile phone. P9 is a savings product that was d...
Main Authors: | , , |
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Format: | Brief |
Language: | English en_US |
Published: |
CGAP, Washington, DC
2014
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Subjects: | |
Online Access: | http://documents.worldbank.org/curated/en/2012/10/17284996/kenya-jipange-kusave-experiment-kenya http://hdl.handle.net/10986/17074 |
Summary: | Two trends in financial inclusion that
are widely discussed today are the development of savings
products designed specifically for poor clients and the
ability to deliver financial products over the mobile phone.
P9 is a savings product that was developed and tested in
Bangladesh to meet poor people's variable savings and
credit needs. M-PESA is a mobile payments product that was
launched and scaled up in Kenya to enable the mass market to
move money more easily. This Brief highlights the experience
of Jipange KuSave, the mobile version of P9 designed to work
over the M-PESA system. |
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