In Kenya, consumers living on less than $2 a day have the option to switch from kerosene to cleaner solar power, made more affordable through financial innovations using mobile money. The nation leads the world in developing mobile money payment systems and in widespread usage, despite Kenya’s extreme poverty, ranking 187 in per-capita GDP. Of the country’s 47 million people, seven in 10 adults (69%) have financial accounts.  In addition to mobile money, financial services are available through a diverse group of providers, including banks, nonbank financial institutions and informal financial groups. Nearly two-thirds of the country is rural, and three-quarters of adults earn at least part of their incomes from agriculture. Whether by enabling consumers to transfer money to relatives in small villages, pay school fees, buy health insurance, or even light their homes using solar power, financial inclusion is helping improve Kenyans’ lives.

Financial Inclusion

Total Financially Included
Financial Inclusion Breakdown By Accounts
Account Ownership By Year
51% of active mobile money account holders have used at least one advanced mobile money function.

Mobile Money

Mobile Money Profile
Digitally Included
Digital Inclusion Breakdown
Use of advanced services stands at 56%, driven by mobile money.


Location of Savings
Use of Cash-Added Services
61% of Kenyan adults are gainfully employed.

True or false

More than 50% of Kenyan adults have insurance.

False (29% have insurance)

Which demographic group is least likely to own a bank account?

A. Rural
B. Below the poverty line
C. Female
D. Male
B. Below the poverty line (12%)

What percentage of adults borrowed money in 2017?

A. 53%
B. 34%
C. 90%
D. 79%
A. 53%

True or false

Less than 50% of Kenyans are digitally included.

False (73% are digitally included)

What percentage of adults were saving money in 2017?

A. 22%
B. 64%
C. 81%
D. 76%
C. 81%

Which demographic group is most likely to own a mobile money account?

A. Urban
B. Male
C. Above the poverty line
D. Female
Urban (80%)