Second-Order Wins✓✓ 2 independent sources
How a Phone App Did What Decades of Aid Couldn't
~194,000 Kenyan households (~2%) exited extreme poverty via mobile money
Economists Tavneet Suri and William Jack showed in Science (2016) that access to M-Pesa mobile money helped families save, receive remittances, and absorb shocks — increasing consumption enough to lift about 2% of Kenyan households out of extreme poverty and moving an estimated 185,000 women from farming into business occupations. Financial plumbing, not handouts, moved the needle.
M-Pesa — a mobile-money app — lifted an estimated 194,000 Kenyan households, roughly 2% of the country, out of extreme poverty.