This new study of #M-PESA in Kenya finds that mobile money technology alleviates small firms’ financing constraints, leading to faster economic growth. By allowing easier access to larger amounts of trade credit, mobile money allows firms higher production, with important macroeconomic repercussions, according to this research by Thorsten Beck, Haki Pamuk, Ravindra Ramrattan, and Burak Uras:
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Mobile money, trade credit, and economic development
Sep 16, 2015
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