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Is M-PESA a Model for Financial Inclusion and Women Empowerment in Kenya?

Is M-PESA a Model for Financial Inclusion and Women Empowerment in Kenya?

Violet N. Barasa, Charles Lugo
Copyright: © 2015 |Pages: 23
ISBN13: 9781466686113|ISBN10: 1466686111|EISBN13: 9781466686120
DOI: 10.4018/978-1-4666-8611-3.ch006
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MLA

Barasa, Violet N., and Charles Lugo. "Is M-PESA a Model for Financial Inclusion and Women Empowerment in Kenya?." Contemporary Global Perspectives on Gender Economics, edited by Susanne Moore, IGI Global, 2015, pp. 101-123. https://doi.org/10.4018/978-1-4666-8611-3.ch006

APA

Barasa, V. N. & Lugo, C. (2015). Is M-PESA a Model for Financial Inclusion and Women Empowerment in Kenya?. In S. Moore (Ed.), Contemporary Global Perspectives on Gender Economics (pp. 101-123). IGI Global. https://doi.org/10.4018/978-1-4666-8611-3.ch006

Chicago

Barasa, Violet N., and Charles Lugo. "Is M-PESA a Model for Financial Inclusion and Women Empowerment in Kenya?." In Contemporary Global Perspectives on Gender Economics, edited by Susanne Moore, 101-123. Hershey, PA: IGI Global, 2015. https://doi.org/10.4018/978-1-4666-8611-3.ch006

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Abstract

Since the 1980s, the gender gap in most countries—rich and developing—has been narrowing. Women and girls are going to school more, living longer, getting better jobs, and acquiring legal rights and protections. Despite these strides, women in poor rural communities remain financially excluded from formal financial services. This chapter explores the impact of mobile banking on financial inclusion and women's empowerment in Kenya. The aim is to evaluate whether mobile banking is a form of financial inclusion and women's financial empowerment in Kenya. Firstly, it gives a clear background of a form of mobile banking in Kenya locally called M-PESA. Secondly, it evaluates how M-PESA is a form financial inclusion. Thirdly, it examines if M-PESA is a form of financial empowerment for women and girls in Kenya and lastly, offers recommendations on how M-PESA can effectively become a mode of financial inclusion and women's empowerment in Kenya.

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