by Zachariah Khadudu Odhiambo

Institution: Roskilde University
Year: 2014
Keywords: M-PESA; MOBILE
Record ID: 1120089
Full text PDF: http://rudar.ruc.dk/handle/1800/15402


The role of mobile money in financial inclusion is contested between proponents who argue that mobile money has had transformational impacts on financial inclusivity especially of the poor, and the critics who argue that the impact of mobile systems, even of successful ones like M-PESA is a potential yet to be considered transformational. In this project I argue that although there is a clear growth trend of M-PESA, this growth is uneven depending on the geographical location and as such there is gap of inclusivity between rural areas and urban areas. I take a multidispliary approach, using network power theory and core-periphery theory to argue that dominance of the market by M-PESA influence the inclusion of the populations in rural areas.