Catalyzing financial inclusion: Using incentives to promote mobile money use in Ethiopia
Mobile money can be a vehicle for improving financial access, particularly among disadvantaged populations. For mobile money systems to play this role, though, members of disadvantaged groups must both enroll in and begin to use mobile money systems. In this paper, we describe a randomized trial con...
| Autores principales: | , , , |
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| Formato: | Artículo preliminar |
| Lenguaje: | Inglés |
| Publicado: |
International Food Policy Research Institute
2024
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| Materias: | |
| Acceso en línea: | https://hdl.handle.net/10568/162765 |
| _version_ | 1855514879940624384 |
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| author | de Brauw, Alan Gilligan, Daniel O. Herskowitz, Sylvan Roy, Shalini |
| author_browse | Gilligan, Daniel O. Herskowitz, Sylvan Roy, Shalini de Brauw, Alan |
| author_facet | de Brauw, Alan Gilligan, Daniel O. Herskowitz, Sylvan Roy, Shalini |
| author_sort | de Brauw, Alan |
| collection | Repository of Agricultural Research Outputs (CGSpace) |
| description | Mobile money can be a vehicle for improving financial access, particularly among disadvantaged populations. For mobile money systems to play this role, though, members of disadvantaged groups must both enroll in and begin to use mobile money systems. In this paper, we describe a randomized trial conducted in collaboration with a bank in Somali region, Ethiopia, that attempted to stimulate use among recent mobile money enrollees in areas near refugee camps. We provide one group with a small transfer to their mobile money account and another group is told they will receive a small transfer if they first make three transactions of any type within a promotional period. The unconditional transfer induces a 9.3 percentage point increase in customers making at least one transaction, while the conditional transfer has no significant effect. The effect is larger among men, but there is evidence that it also induces use among
women. |
| format | Artículo preliminar |
| id | CGSpace162765 |
| institution | CGIAR Consortium |
| language | Inglés |
| publishDate | 2024 |
| publishDateRange | 2024 |
| publishDateSort | 2024 |
| publisher | International Food Policy Research Institute |
| publisherStr | International Food Policy Research Institute |
| record_format | dspace |
| spelling | CGSpace1627652025-11-06T05:11:39Z Catalyzing financial inclusion: Using incentives to promote mobile money use in Ethiopia de Brauw, Alan Gilligan, Daniel O. Herskowitz, Sylvan Roy, Shalini access to finance refugees gender digital technology currencies finance mobile phones Mobile money can be a vehicle for improving financial access, particularly among disadvantaged populations. For mobile money systems to play this role, though, members of disadvantaged groups must both enroll in and begin to use mobile money systems. In this paper, we describe a randomized trial conducted in collaboration with a bank in Somali region, Ethiopia, that attempted to stimulate use among recent mobile money enrollees in areas near refugee camps. We provide one group with a small transfer to their mobile money account and another group is told they will receive a small transfer if they first make three transactions of any type within a promotional period. The unconditional transfer induces a 9.3 percentage point increase in customers making at least one transaction, while the conditional transfer has no significant effect. The effect is larger among men, but there is evidence that it also induces use among women. 2024-11-26 2024-11-26T17:00:31Z 2024-11-26T17:00:31Z Working Paper https://hdl.handle.net/10568/162765 en Open Access application/pdf International Food Policy Research Institute de Brauw, Alan; Gilligan, Daniel O.; Herskowitz, Sylvan; and Roy, Shalini. 2024. Catalyzing financial inclusion: Using incentives to promote mobile money use in Ethiopia. IFPRI Discussion Paper 2295. Washington, DC: International Food Policy Research Institute. https://hdl.handle.net/10568/162765 |
| spellingShingle | access to finance refugees gender digital technology currencies finance mobile phones de Brauw, Alan Gilligan, Daniel O. Herskowitz, Sylvan Roy, Shalini Catalyzing financial inclusion: Using incentives to promote mobile money use in Ethiopia |
| title | Catalyzing financial inclusion: Using incentives to promote mobile money use in Ethiopia |
| title_full | Catalyzing financial inclusion: Using incentives to promote mobile money use in Ethiopia |
| title_fullStr | Catalyzing financial inclusion: Using incentives to promote mobile money use in Ethiopia |
| title_full_unstemmed | Catalyzing financial inclusion: Using incentives to promote mobile money use in Ethiopia |
| title_short | Catalyzing financial inclusion: Using incentives to promote mobile money use in Ethiopia |
| title_sort | catalyzing financial inclusion using incentives to promote mobile money use in ethiopia |
| topic | access to finance refugees gender digital technology currencies finance mobile phones |
| url | https://hdl.handle.net/10568/162765 |
| work_keys_str_mv | AT debrauwalan catalyzingfinancialinclusionusingincentivestopromotemobilemoneyuseinethiopia AT gilligandanielo catalyzingfinancialinclusionusingincentivestopromotemobilemoneyuseinethiopia AT herskowitzsylvan catalyzingfinancialinclusionusingincentivestopromotemobilemoneyuseinethiopia AT royshalini catalyzingfinancialinclusionusingincentivestopromotemobilemoneyuseinethiopia |