Peter Fleming

Peter Fleming was a co-founder of Invest in Knowledge in 2004 and was acting Executive Director from 2004 to 2011. In 2011 he joined Bankable Frontier Associates.  Pete has 10 years experience leading survey research projects throughout Sub‐Saharan Africa, the Indian subcontinent, Latin America, and Antarctica. Prior to joining Bankable Frontier Associates, he was the Research Director of a University of Pennsylvania Wharton School longitudinal study of entrepreneurs and small businesses in South Africa. From 2004 to 2010, he led a multidisciplinary team from the University of Pennsylvania that studied changes in demographic, socioeconomic and health conditions in rural Malawi through the collection of intergenerational transfer and household panel data. He holds a bachelors degree in Public Health with a concentration in Economics from the University of Rochester and a masters degree in Demography from the University of Pennsylvania.

By Peter Fleming


What Is Keeping Kenya From Becoming More “Cash Lite”?

A couple of weeks ago, Daryl Collins and her team at BFA introduced granular, intra-day transaction data collected in the summer of 2011 across a sample of 61 urban and rural retail merchants in Kenya. The results starkly showed that cash still dominates the payment transactions in these areas, with mobile money representing being used for not even 1% of transactions. In this blog, they ask the question “What would move more customers and merchants to more cash-lite payment behavior?”

Is M-PESA Replacing Cash in Kenya?

How far away is Kenya from the goal of cash-lite? Between July and August 2011, Bankable Frontier Associates (BFA) conducted an intensive field study within an urban and a rural pilot area to study the mode and size of intra-day cash flows at the customer-to-merchant interface and the merchant-to-supplier interface. This research finds that despite Kenya’s reputation for being a leader in mobile money, cash is still king.