Factors influencing access to agency banking by the local community in Kitui Central district, Kenya

TL;DRAbstract

Agency banking is the business carried out by an agent on behalf of an institution as permitted by the banking act. It answers the call for greater inclusion across the African continent as a whole. Through agency banking, banks have been able to recruit other businesses with a nationwide footprint to offer banking services on their behalf, allowing them to have branches in areas that were not previously commercially viable. The study analysed the factors influencing access to agency banking by the local community in Kitui central district. These included literacy levels; demographic factors; the type of economic activity engaged in; availability of financial services and the risks involved in agency banking. 
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\nThe study used descriptive survey and the data collection instruments that were used were questionnaires that had both open and closed ended questions. The sample study location was carried out in Kitui Central district. The target population was bank account holders

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