Kenya: Linking the Cash Box to the Bank - Formal Banking of Savings Groups Through Mobile Money
In September 2011 CIK launched a partnership with Equity Bank and Orange for GS&L financial linkage. The pilot project, which received technical support from CARE’s Access Africa initiative, lasted until December 2012 and targeted 200 mature GS&L groups in the Bondo and Suba districts. The partnership marked a first-of-its-kind partnership between a non-government organization (NGO), commercial bank, and mobile network operator (MNO). This publication describes the process of developing and piloting the partnership and product that brings the bank to rural GS&L members via their mobile phones.