Linking mobile money networks to "e-ROSCAs": An experimental study.
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ABSTRACT:
SUBMITTER: Francois P
PROVIDER: S-EPMC7775776 | biostudies-literature | 2021 Jan
REPOSITORIES: biostudies-literature
Publications
Linking mobile money networks to "e-ROSCAs": An experimental study.
Francois Patrick P Squires Munir M
Science advances 20210101 1
We present results from a study in the Democratic Republic of the Congo that uses mobile money networks to run rotating savings and credit associations (ROSCAs), peer-to-peer finance groups ubiquitous across the developing world. We find high rates of contribution and ROSCA success. The unexpected success of such e-ROSCAs and their potential to extend banking to the bankless poor necessitate further exploration. ...[more]
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