Part 5/8:
An illustration of this impact can be seen through individuals like Mary Tonke Asai, a dairy farmer who pays her farmhands and received a loan via M-PESA to expand her livestock. The ease of conducting such transactions has fostered significant economic growth among the country's lower-income demographics.
Real-Life Transformations
The transformative effects of M-PESA can also be observed in the lives of ordinary citizens. Take Steven Mwangi, who once lived in a slum south of Nairobi and relied on kerosene lamps for light. With M-PESA enabling him to purchase solar power, his quality of life has substantially improved—he now tends to his livestock and oversees his children’s studies without relying on harmful fossil fuels.