• Login
    View Item 
    •   SU+ Home
    • University CaseBank
    • Strathmore University CaseBank
    • View Item
    •   SU+ Home
    • University CaseBank
    • Strathmore University CaseBank
    • View Item
    JavaScript is disabled for your browser. Some features of this site may not work without it.

    Musoni Microfinance Kenya : IT-enabled business model

    Thumbnail
    View/Open
    Case Summary (623.1Kb)
    Date
    2014
    Author
    Acosta, Freddie Racosas
    Ndonga, Samuel
    Metadata
    Show full item record
    Abstract
    Musoni Kenya is a Kenyan microfinance institution (MFI) whose idea was conceived in The Netherlands. The Musoni business model is ICT-enabled, 100 percent mobile based, virtually paperless, and runs on an ICT platform housed in Musoni BV in Amsterdam, The Netherlands. It is built on tested mobile technology that allows huge savings on transaction and operating costs. Using mobile payments, clients receive and perform bank operations anytime anywhere. This saves transport costs, transaction time and increases safety as no cash has to be carried around sometimes in dangerous areas. The mobile payments enable clients to make large improvements in loan officer efficiency and makes tracing payments seamless, saving on administration costs. The Musoni branches are also inexpensive as they are only used as the point of contact with customers hence reducing the cost of setting up operations even in remote areas. These efficiencies are passed on to clients in the form of lower interest rates and to stakeholders in the form of good returns on investments. The company aims to use this knowledge, experience and global ICT platform to expand to other countries with a suitable mobile payments environment.
    URI
    http://hdl.handle.net/11071/4977
    http://dx.doi.org/10.1108/EEMCS-07-2013-0136
    Collections
    • Strathmore University CaseBank [4]

    DSpace software copyright © 2002-2013  Duraspace
    Contact Us | Send Feedback
    Theme by 
    @mire NV
     

     

    Browse

    All of SU+Communities & CollectionsBy Issue DateAuthorsTitlesSubjectsThis CollectionBy Issue DateAuthorsTitlesSubjects

    My Account

    Login

    Statistics

    View Google Analytics Statistics

    DSpace software copyright © 2002-2013  Duraspace
    Contact Us | Send Feedback
    Theme by 
    @mire NV