This project analyzes the impact of mobile money (M-Pesa) on financial inclusion and economic development in Kenya.
# M-Pesa Data Analysis: Financial Inclusion in Kenya
## Overview
This project analyzes the impact of mobile money (M-Pesa) on financial inclusion and economic development in Kenya.
## Data Sources
- World Bank (GDP, poverty)
- FinAccess Surveys (financial inclusion)
- Central Bank of Kenya (mobile money statistics)
- Safaricom reports
Note: I interpolated the missing yearly data points from the available data.
## Key Findings
- Financial inclusion among Kenyans from the formal and informal sectore increased from 26.7% (2006) to 84.8% (2024)
- Mobile money adoption reached 40 million users within 22 years. (It is important to note that Kenya's population is around 50 to 60 million people)
- Strong correlation between mobile money usage and financial inclusion
## Tools Used
- Python (Pandas, Matplotlib)
- Jupyter Notebook
- SQL (Workbench)
## Visualizations
## Conclusion
Mobile money has played a significant role in expanding financial inclusion in Kenya.