This study focuses on building the knowledge and understanding of how poor people in Kenya save to meet their various lump sum needs. This study further delves into the mechanisms adopted by various service providers including microfinance institutions (MFIs) – generally in the business of providing credit only – and the needs of poor people and their enterprises. It also discusses the ways and means through which poor people use different savings services and systems. Moreover, the impact of these systems on households’ financial, social and economic management in relation to gender and age is examined. This study also emphasises on the role of enabling regulatory environment for accepting savings from the clients.