Message framing to improve digital credit repayment rates
How can social obligations be induced on a digital platform? Digital credit offers a compelling opportunity to lower the costs and barriers to accessing Credit. Recent research has suggested that…
Using lotteries to encourage saving in low income households
Can prize-linked savings gamify savings and build stronger habits? In Kenya, 27.5% of low income households own an account but only 9.9% save with a financial institution1 . Though saving…