How transformational mobile banking optimizes household expenditures : a case study from rural communities in Mexico
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2015
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Abstract
This article shows results from an impact evaluation of a pilot project led by the Mexican government, which concerns the financial inclusion challenges in Mexico and Latin America. Where highly dispersed populations in rural communities lack access to a financial system and telecommunication services, mobile banking can reduce spending on communications and public transport. The main benefits in terms of spending come from the reduction of people’s commuting expenses. Evidence also indicates that a major share of spending reduction is transformed into savings in bank accounts. The case study presents mobile banking policy alternatives, promoting financial and digital inclusion for rural communities.
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Journal Article (peer-reviewed)
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Citation
Renteria, C. (2015). How transformational mobile banking optimizes household expenditures: A case study from rural communities in Mexico. Information Technologies & International Development, 11(3): 39-54.