MOBILE MONEY TRANSFER DIGITAL ECONOMY IN GAINING COMPETITIVE ADVANTAGE OVER MFIS IN RWANDAN CONTEXT: AS A CASE STUDY OF SACCOS IN RWANDA

<p><span style="font-family: Times New Roman; font-size: 9px; color: #000000;">The Government of Rwanda has adopted a very ambitious financial sectordevelopment plan which is at the implementation stage. This has made the administration to create atleast one SACCO at every admi...

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Format: Article
Language:English
Published: Laboratory of Complex Mapping, Faculty of Geography, MSU 2014-01-01
Series:InterCarto. InterGIS
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Online Access:http://intercarto.msu.ru/jour/article/view/56
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collection DOAJ
description <p><span style="font-family: Times New Roman; font-size: 9px; color: #000000;">The Government of Rwanda has adopted a very ambitious financial sectordevelopment plan which is at the implementation stage. This has made the administration to create atleast one SACCO at every administrative level hence known as '' umurenge''. This plan is captured in the vision 2020 under the Economic Development and Poverty Reduction Strategy (EDPRS). It is realized that micro financial institutions MFIs is an important sector in mobilising savings and availability of credit at reasonable rates and other financial services for investment to the rural majority. However, despite all these effort by Government, the level of domestic savings remains very low and </span><span style="font-family: Times New Roman; font-size: 9px; color: #000000;">the financial exclusion highly alarming. MFIs is a strategy to eradicate poverty amongst the vulnerable youth and women. Mobile money is a tool to allow individuals to transact using cell phone technology. </span></p><p><span style="font-family: Times New Roman; font-size: 9px; color: #000000;">The study will explore how Digital Economy has gained competitive advantage over SACCOs/ MFIs. The study is motivated by the acceptance and embracing of technology (ICT) amongst low income earners giving it competitive advantage and encouraging e-commerce services in Rwanda. A qualitative analysis will be undertaken, and an in depth examination of the variables using business models to establish a relationship in the Rwandan context. </span></p>
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spelling doaj.art-9161e50d9f4048bbaf83393f38cb41172022-12-21T18:37:24ZengLaboratory of Complex Mapping, Faculty of Geography, MSUInterCarto. InterGIS2414-91792414-92092014-01-0112054MOBILE MONEY TRANSFER DIGITAL ECONOMY IN GAINING COMPETITIVE ADVANTAGE OVER MFIS IN RWANDAN CONTEXT: AS A CASE STUDY OF SACCOS IN RWANDA0Mount Kenya University, Kigali campus<p><span style="font-family: Times New Roman; font-size: 9px; color: #000000;">The Government of Rwanda has adopted a very ambitious financial sectordevelopment plan which is at the implementation stage. This has made the administration to create atleast one SACCO at every administrative level hence known as '' umurenge''. This plan is captured in the vision 2020 under the Economic Development and Poverty Reduction Strategy (EDPRS). It is realized that micro financial institutions MFIs is an important sector in mobilising savings and availability of credit at reasonable rates and other financial services for investment to the rural majority. However, despite all these effort by Government, the level of domestic savings remains very low and </span><span style="font-family: Times New Roman; font-size: 9px; color: #000000;">the financial exclusion highly alarming. MFIs is a strategy to eradicate poverty amongst the vulnerable youth and women. Mobile money is a tool to allow individuals to transact using cell phone technology. </span></p><p><span style="font-family: Times New Roman; font-size: 9px; color: #000000;">The study will explore how Digital Economy has gained competitive advantage over SACCOs/ MFIs. The study is motivated by the acceptance and embracing of technology (ICT) amongst low income earners giving it competitive advantage and encouraging e-commerce services in Rwanda. A qualitative analysis will be undertaken, and an in depth examination of the variables using business models to establish a relationship in the Rwandan context. </span></p>http://intercarto.msu.ru/jour/article/view/56Mobile moneyDigital EconomyUmurengee-commerce
spellingShingle MOBILE MONEY TRANSFER DIGITAL ECONOMY IN GAINING COMPETITIVE ADVANTAGE OVER MFIS IN RWANDAN CONTEXT: AS A CASE STUDY OF SACCOS IN RWANDA
InterCarto. InterGIS
Mobile money
Digital Economy
Umurenge
e-commerce
title MOBILE MONEY TRANSFER DIGITAL ECONOMY IN GAINING COMPETITIVE ADVANTAGE OVER MFIS IN RWANDAN CONTEXT: AS A CASE STUDY OF SACCOS IN RWANDA
title_full MOBILE MONEY TRANSFER DIGITAL ECONOMY IN GAINING COMPETITIVE ADVANTAGE OVER MFIS IN RWANDAN CONTEXT: AS A CASE STUDY OF SACCOS IN RWANDA
title_fullStr MOBILE MONEY TRANSFER DIGITAL ECONOMY IN GAINING COMPETITIVE ADVANTAGE OVER MFIS IN RWANDAN CONTEXT: AS A CASE STUDY OF SACCOS IN RWANDA
title_full_unstemmed MOBILE MONEY TRANSFER DIGITAL ECONOMY IN GAINING COMPETITIVE ADVANTAGE OVER MFIS IN RWANDAN CONTEXT: AS A CASE STUDY OF SACCOS IN RWANDA
title_short MOBILE MONEY TRANSFER DIGITAL ECONOMY IN GAINING COMPETITIVE ADVANTAGE OVER MFIS IN RWANDAN CONTEXT: AS A CASE STUDY OF SACCOS IN RWANDA
title_sort mobile money transfer digital economy in gaining competitive advantage over mfis in rwandan context as a case study of saccos in rwanda
topic Mobile money
Digital Economy
Umurenge
e-commerce
url http://intercarto.msu.ru/jour/article/view/56