This research brief summarizes findings from 3 published papers looking at how M-PESA has affected the lives of Kenyans. It explores how reductions in transaction costs through M-PESA has enabled Kenyans to be more resilient in coping with the consequences of unexpected income shocks. These findings are based on the 2008-2014 M-PESA household panel survey conducted by Tavneet Suri from MIT and William Jack from Georgetown University.
FSD Kenya. (2015). The M-PESA effect: Are financial transaction costs a barrier to more effective insurance for families in Kenya? Nairobi, Kenya: FSD Kenya.