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How M-Shwari Works: The Story So Far

Jun 15, 2015 | T. Cook, C. McKay | CGAP, FSD Kenya
"Shwari” means calm in Kiswahili, yet M-Shwari, a bank account offering a combination of savings and loans, has taken the Kenyan market by storm. Offered as a collaboration between the Commercial Bank of Africa (CBA) and mobile network operator (MNO) Safaricom through its ubiq- uitous mobile money service M-PESA, M-Shwari has piqued the interest of mobile money watchers looking for the next innovation to drive financial inclusion globally.
Theme: Digital Finance, Financial Inclusion | Pages: 22
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