Rethinking Savings Interventions

Getting a short loan a decade ago meant privately talking to a close friend to help you out. Social capital was at stake and most people were keen not to default and risk embarrassment in their social circles. A shylock was also an option if you needed a large amount desperately and couldn’t get it […]

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Consumerism, clutter and your financial health

We are living in times where we are exposed to hundreds and thousands of ‘peers’ instantly on social media. These are people in different countries, cultures and with different financial obligations and resources. Some of them are influencers. Hired to mention or showcase a product to boost sales, others are your high school mates. Majority […]

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The risk of raising financially illiterate children

According to OECD, financial literacy is a combination of financial awareness, skills, attitudes and behaviors necessary to make sound financial decisions and ultimately achieve financial wellbeing. The joy of a parent is being able to provide for the needs of their children. The cost of raising children is at an all-time high and this largely […]

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Peer learning key to financial literacy at BoP

Jane* a 36 year old mother of two lives in a rural town in Central Kenya on an eighth of an acre.  She farms coffee beans for sale.  Depending with the season, she plants either maize, beans or potatoes just enough for consumption at home.  She also does casual jobs in the neighbourhood where the […]

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