in the 21st Century

152 Kenya’s Financial Transformation in the 21st Century
Variable Description Obs Mean Std. dev. Min. Max.
NBAAccessCosts "Access - Costs of Bank Account". This is a binary variable that takes the value of
1 if a person does not have a bank account and if they select that they don’t want
to pay the service fees, because they have to keep a minimum balance in the bank
or because they can not afford to. It is 0 otherwise.
3228 0.161 0.368 0 1
NBAIncome "Income too variable or low". This is a binary variable that takes the value of 1
if a person does not have a bank account and if they select that they don’t have
money to save or don’t have a regular income. It is 0 otherwise.
3228 0.752 0.432 0 1
NBAAccessGeography "Access - Geography of Bank". This is a binary variable that takes the value of 1 if
a person does not have a bank account and if they select that the bank is too far
away or it takes too long to get their money. It is 0 otherwise.
3228 0.072 0.258 0 1
NBAAccessDocumentation "Access - Documentation needed by Bank". This is a binary variable that takes
the value of 1 if a person does not have a bank account and if they select that
they don’t want to pay the service fees, because they do not have a job, don’t
have a national ID, can’t read or write or don’t qualify to open an account. It is 0
otherwise.
3182 0.115 0.32 0 1
NBAChoice "Choice". This is a binary variable that takes the value of 1 if a person does not
have a bank account and if they select that they prefer dealing in cash or that they
prefer to use other options than a bank. It is 0 otherwise.
3228 0.056 0.231 0 1
NBAPerception "Perception". This is a binary variable that takes the value of 1 if a person does
not have a bank account and if they select that they don’t need a bank account,
don’t trust banks or they can do all their transactions using a different kind of
institution.
3227 0.058 0.234 0 1
NBAOther "Other". This is a binary variable that takes the value of 1 if a person does not have
a bank account and if they select another reason for not having a bank account or
they don’t have a reason.
NBACommunication "Communication". This is a binary variable that takes the value of 1 if a person
does not have a bank account and if they select that they don’t know how to open
an account.
3228 0.03 0.169 0 1
3228 0.02 0.139 0 1