This archive report was first published on 27 November 2019.
Published on November 27, 2019, a survey by PayU revealed that a majority of Kenyan households prioritize good education and health over wealth.
According to the report, 46% of respondents considered education as an indicator of prosperity, followed closely by health at 45%.
Being wealthy was cited by 38% of respondents, followed by a loving family (37%) and a secure well-paying job (35%).
The survey, which gathered feedback from 10,500 adults in 18 countries, including Kenya, Nigeria, and South Africa, aimed to establish the limitations of financial inclusion and the value of financial services.
Interestingly, the survey found that in countries considered poorer by international standards, values such as health and happiness are emphasized over wealth and money.
Notably, 92% of Kenyans believe that financial services help people plan for their future prosperity, with 77% saying that accessing financial services increases the chances of being prosperous.
