Digital Money Platform and Financial Inclusion among Youth Groups in Kitui County, Kenya
| dc.contributor.author | Mwendwa, Antony | |
| dc.date.accessioned | 2026-02-05T12:16:34Z | |
| dc.date.available | 2026-02-05T12:16:34Z | |
| dc.date.issued | 2025-12 | |
| dc.description | A Research Project Submitted To the School of Business, Department Of Finance and Accounting in Partial Fulfillment of Requirements of Degree of Master of Business Administration (Finance) of Kenyatta University December, 2025 supervisor Charity Njoka | |
| dc.description.abstract | Financial inclusion across the economic sphere is fundamental as it guarantees that both people and businesses can access inexpensive and vital financial services, which are crucial for sustained expansion and prosperity. Although 80% of Kenyan adults possess mobile phones, hardly 30% have access to mobile banking, resulting in the exclusion of many young people from formal financial services. The research general objective was to determine the effect of digital money platforms on financial inclusion among youth groups in Kitui County, Kenya. The research specific objectives were; to ascertain the effect of digital payments on financial inclusion amongst youth groups in Kitui County, Kenya, to examine how digital credit affects financial inclusion amongst youth groups in Kitui County, Kenya and to determine how digital savings affects financial inclusion among youth groups in Kitui County, Kenya. To achieve this, the research was underpinned on Financial Intermediation Theory, Innovation Diffusion theory, Transactional cost theory and the Technological Acceptance Model. The study used casual research design where quantitative data was obtained. The unit of observation was 6 youth’s groups while the unit of analysis was the officials from these youth groups within the region. This study employed purposive sampling to select youth groups, ensuring that groups relevant to the research objectives are included. Hence a sample size of 92 youth. Data was gathered utilizing structured questionnaires, which was tested for validity and reliability. Multiple regression was employed to test the connection between the variables and the study hypothesis was tested using SPSS version 21. Correlation analysis and diagnostic tests were also be performed. The research findings were displayed utilizing tables, graphs and charts. The study found that digital payments, digital credit and digital savings affected financial inclusion amongst the youth groups in Kitui County, Kenya. There wasn’t multicollinearity in the predictor variables since no variable had a VIF>10. Data was normally distributed. The study concluded that there existed a substantial connection between digital payments and financial inclusion, digital credit and financial inclusion, digital savings and financial inclusion among the youth groups in Kitui County, Kenya. The p-value in all variables was below the threshold of significance level, hence rejecting all hypotheses. The study recommends that firms that own mobile money platforms should ensure that no business is discriminated in money transfer regardless of their size. Mobile money transfer should be convenient. Firms with mobile banking apps should offer more credit opportunities for youth with businesses and enable them to access top up loans through mobile banking which are flexible enough and with lower interest rates and operational cost to support their business financial needs. Youth groups should embrace mobile money platforms savings since they are faster and convenient. This will save them a lot of cost and time. | |
| dc.identifier.uri | https://ir-library.ku.ac.ke/handle/123456789/32292 | |
| dc.language.iso | en | |
| dc.publisher | Kenyatta University | |
| dc.title | Digital Money Platform and Financial Inclusion among Youth Groups in Kitui County, Kenya | |
| dc.type | Thesis |