Why was M-Pesa made and how does it help the people who use it?

Research Question: Why was M-Pesa made and how does it help the people who use it?

Thesis: M-Pesa helps small and/or rural economies (1) because it is mobile and can be used as fast as a text message, (2) it also provides faster access to money in bank-lacking communities, (3) as well as these it is a safer way of carrying money than cash or a credit card.

  • Topic Sentence #1: M-Pesa is a newly created form of mobile money transfer; it allows funds to be moved quickly and easily to and from any mobile device.
  • Topic Sentence #2: Many people in Kenya live miles away from the closest bank and do not have internet access; this is where M-Pesa comes in.
  • Topic Sentence #3: This mobile payment system has revolutionized the way money can flow to both individuals and small businesses.

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