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In this episode of the CGAP Explainer, Greg Chen discusses the opportunities and risks involved in digital credit models that reach lower-income people in developing countries. M-Shwari in Kenya is one example of how digital credit can take off - two-thirds of Kenyan adults use it, to the tune of $20 million in daily transactions.
What sets digital credit apart from more conventional models?
Find out more by visiting www.cgap.org/digitalcredit
Music Credit: Podington Bear, "Peas Corps," via free music archive |