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Savings Behaviour of Poor People in the North East of India 
This focus note explains the importance of savings services for the clients in the north east region of India and brings forth the finding that poor do save, and loose their savings in the absence of any formal source. It mulls over on savings mechanisms adopted by the poor some of which...
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Do the M-PESA Rails Contribute to Financial Inclusion?


A substantial proportion of the Kenyan population is using M-PESA as an addition to bank savings accounts, and less frequently, as a full-scale substitute. The worry among financial inclusion proponents and banks is that poor people will use M-PESA as a substitute for formal institutions. The note examines progress towards financial inclusion in Kenya, and concludes that while M-PESA's rails offer the potential, Kenya may yet have to wait to realise comprehensive, commercially sound, affordable and effective financial inclusion.

Tags: Agent banking , Financial inclusion , Delivery channels , Agent networks , Mobile banking , Mobile money , Safaricom , Mobile wallet , BN 95 , BN95 , MicroSave , MicroSave africa , Kenya , East Africa

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