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Engaging social networks for school fees payments: Lessons from an experiment in Kenya
February 28th, 2017
SUMMARY
Flexipay is a blended financing concept, designed to help low-income families meet large financing needs, like school fees. Flexipay enables families to pool resources from their social networks transparently, pay their own bills in a flexible way, and (potentially) tap into advances for urgent payments that exceed liquid savings. This experiment was designed to test whether the concept could be an effective tool in helping families pay secondary school fees.
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