Study: Mobile money lifts Kenyan households out of poverty

(Massachusetts Institute of Technology) MIT Prof. Tavneet Suri is co-author of a new paper showing that mobile-money services have had notable long-term effects on poverty reduction in Kenya -- especially among female-headed households -- and have inspired a surprising occupation shift among women.Published in today's issue of Science, the study estimates that, since 2008, access to mobile-money services increased daily per capita consumption levels of 194,000 -- or 2 percent -- of Kenyan households, lifting them out of extreme poverty.

from EurekAlert! - Social and Behavioral Science http://ift.tt/2hpNcAh