Business, Management and Accounting
4 years ago

Gender and Seasonality Drive Savings Behavior Among Nigerian Microsavers

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A Gendered Look at Savings Behavior among Nigerian Microsavers
Mehrdad Mirpourian

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Financial products can help people manage their money better. A study looked at how low-income customers in Nigeria save money. They used a special method to see how different factors affect the amount of money saved. The study found that things like customer age, account age, location, transaction type, gender, and the season can all impact how much money is saved. The season when a transaction is made has the biggest influence on how much money is saved.