Saving and borrowing behaviour among agropastoralists in West Pokot County, Kenya

Abstract

Financial inclusion is an important development impetus, where knowledge of saving and borrowing behaviour provides valuable insights. This study focuses on access to and use of financial services among agropastoralists in rural Kenya, using survey-based household data from 2007 and 2017. Surveys show that households with savings increased from about 57% to 71%-coinciding with increased access to financial training and growing use of informal group-based savings organizations. Share of households that had access to credit also increased during this period, from about 26% to 54%. Support to group-based savings organizations can stimulate financial inclusion among agropastoralists.

Keywords

credit access; Kenya; pastoralism; saving; West Pokot

Published in

Journal of International Development
2021, Volume: 33, number: 6, pages: 1043-1062
Publisher: WILEY

SLU Authors

• Bostedt, Göran

  • Department of Forest Economics, Swedish University of Agricultural Sciences
    
  • Luleå University of Technology
  • Umeå University

• Nyberg, Gert

  • Department of Forest Ecology and Management, Swedish University of Agricultural Sciences
    

Sustainable Development Goals

SDG8 Decent work and economic growth


UKÄ Subject classification

Economics


Publication identifier

DOI: https://doi.org/10.1002/jid.3560

Permanent link to this page (URI)

https://res.slu.se/id/publ/112549