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Fin-tech in Kenya should not cause poverty in pursuit of financial inclusion

Kimani, Elijah (2020) Fin-tech in Kenya should not cause poverty in pursuit of financial inclusion. Africa at LSE (20 Jan 2020), pp. 1-8. Blog Entry.

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Abstract

Fin-tech platforms like M-Pesa have revolutionised finance in Kenya. At the same time, they have put innumerable livelihoods at peril and pushed many into poverty. African countries seeking to adopt similar platforms should be careful to avoid Kenya’s pitfall, by regulating predatory lending and gambling while allowing access to capital critical for development.

Item Type: Online resource (Blog Entry)
Official URL: https://blogs.lse.ac.uk/africaatlse/
Additional Information: © 2020 The Author(s)
Divisions: LSE
Subjects: H Social Sciences > HG Finance
Date Deposited: 29 May 2020 08:09
Last Modified: 27 Jun 2020 23:28
URI: http://eprints.lse.ac.uk/id/eprint/103747

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