Financial Service | 2010 (%) | 2020 (%) |
Banked (have a bank account) | 23.3 | 55.1 |
Use of non-bank formal channels (e.g., SACCOs, MFIs) | 7.4 | 27.4 |
Use of informal channels (e.g., champs, friends/family) | 30.6 | 12.7 |
Excluded (no access to any financial services) | 38.7 | 4.8 |