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Africa

Mobile banking helps Kenyan farmers

Farmers in central Kenya have joined an increasing number of people in the country who bank by phone.

Last updated: 15 Apr 2014 06:39
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More farmers in central Kenya are obtaining loans through mobile banking. 

Kenya's mobile banking system is by far the most successful in the world with at least two-thirds of Kenyans using their mobile phones to pay bills, transfer money, pay salaries and now, to obtain finance.

The availability of a reliable mobile payments platform has also spawned a host of mobile phone start-ups, helping thousands who don't have bank accounts. 

Al Jazeera's Catherine Soi reports from Nyandarua, Kenya. 

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Al Jazeera
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