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March 14, 2026Open Access

Mobile Banking in Somali Youth Transition Communities: Financial Stability and Behavioural Change Exploration

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Authors

SASalim Attié

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Overview

Qualitative and quantitative analysis highlights mobile banking boosts financial stability in urban youth, suggesting tailored support for financial literacy.

Key Points

  • This research investigates how mobile banking influences financial behaviors and stability among Somali youth.
  • Conducted qualitative interviews and quantitative surveys
  • Targeted participants aged 15-24 in urban areas
  • Examined adoption patterns and usage frequency of mobile banking
  • 70% of respondents reported using mobile banking
  • Participants mainly used it for small transactions like food and utility payments
  • Improved financial management skills and less reliance on informal lenders were noted

Cite This Study

Salim Attié (2012) studied this question.

synapsesocial.com/papers/69b4ad7918185d8a39800d28https://doi.org/10.5281/zenodo.18978830
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Also Consider

Synapse has enriched 5 closely related papers on similar clinical questions. Consider them for comparative context:

  1. 1Mobile Banking in Somali Youth Transition Communities: Financial Stability and Behavioural Change Exploration2012
  2. 2Mobile Banking Platforms and Digital Financial Literacy Among Somali Youth in Malawi: An Exploratory Study2008
  3. 3Mobile Banking Adoption Among Somali Youth in Mogadish Urban Centers Compared to Their Egyptian Counterparts: Exploring Financial Literacy and Savings Rates2005
  4. 4Mobile Banking Adoption and Financial Inclusion Among Urban Youth in Lagos: Behaviour Change Dynamics2007
  5. 5Examining the Factors Influencing Mobile Banking Adoption in Somalia: A Quantitative Study2024