Debt and Financial Inclusion in Kenya

This book investigates people's relationship with credit and debt in Kenya. Exploring two increasingly popular financial services providers, digital lenders and cooperative societies, the book identifies fundamental flaws in financial inclusion strategies deployed in Kenya and their ability to alleviate poverty.

Eric Gwandega Magale is a Post-Doctoral Fellow under the Human Economy Programme at the Centre for The Advancement of Scholarship, University of Pretoria, South Africa.

1. The Financial Inclusion Discourse 2. History of the Co-operative Movement and Banking Sector in Kenya 3. Interactions with the Co-operative and Digital Lending Models 4. A Critical Analysis of the Proposed Ideal Sacco Model and the Question of Financial Inclusion 5. Scattering Seeds: The Digital Lending Model 6. Borrowers' Experiences with Digital Credit 7. Responses, Perspectives, and Counter-Narratives from Industry Insiders 8. Money as an Object of Contest: Which Way?