Assessment of Mobile Money Usage on Rural Financial Literacy in Côte d'Ivoire: Implications for Policy Recommendations

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Main Authors: Konan, Nzonzi, Soroa, Seyler, Kouadio, Yamoussa, Dagnino, Dossa
Format: Recurso digital
Language:English
Published: Zenodo 2003
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author Konan, Nzonzi
Soroa, Seyler
Kouadio, Yamoussa
Dagnino, Dossa
author_facet Konan, Nzonzi
Soroa, Seyler
Kouadio, Yamoussa
Dagnino, Dossa
contents <p>Mobile money services have become increasingly prevalent in many African countries as a means of financial inclusion for rural populations. A mixed-methods approach involving surveys, focus groups, and secondary data analysis was employed to explore these relationships. Mobile money users in rural Côte d'Ivoire demonstrated a significant improvement (p<0.05) in basic financial knowledge compared to non-users, with over 70% showing enhanced understanding of savings options. The study highlights the potential for mobile money initiatives to bridge gaps in financial education among rural populations, suggesting targeted educational campaigns are needed to maximise benefits. Policy recommendations include integrating financial literacy components into existing mobile banking platforms and providing subsidies or incentives for banks to promote these services in underserved regions.</p>
format Recurso digital
id zenodo_https___doi_org_10_5281_zenodo_18772856
institution Zenodo
language eng
publishDate 2003
publisher Zenodo
record_format zenodo
spellingShingle Assessment of Mobile Money Usage on Rural Financial Literacy in Côte d'Ivoire: Implications for Policy Recommendations
Konan, Nzonzi
Soroa, Seyler
Kouadio, Yamoussa
Dagnino, Dossa
African geography
rural finance
financial inclusion
qualitative research
quantitative analysis
microfinance systems
community development initiatives
<p>Mobile money services have become increasingly prevalent in many African countries as a means of financial inclusion for rural populations. A mixed-methods approach involving surveys, focus groups, and secondary data analysis was employed to explore these relationships. Mobile money users in rural Côte d'Ivoire demonstrated a significant improvement (p<0.05) in basic financial knowledge compared to non-users, with over 70% showing enhanced understanding of savings options. The study highlights the potential for mobile money initiatives to bridge gaps in financial education among rural populations, suggesting targeted educational campaigns are needed to maximise benefits. Policy recommendations include integrating financial literacy components into existing mobile banking platforms and providing subsidies or incentives for banks to promote these services in underserved regions.</p>
title Assessment of Mobile Money Usage on Rural Financial Literacy in Côte d'Ivoire: Implications for Policy Recommendations
topic African geography
rural finance
financial inclusion
qualitative research
quantitative analysis
microfinance systems
community development initiatives
url https://doi.org/10.5281/zenodo.18772856