Thank you Michael for this great article on the impact of mobile banking in Kenya. You are correct that distance to bank infrastructure can play a role in financial inclusion. The Overseas Private Investment Corporation (OPIC) recently traveled to Kenya to monitor the performance of three financial institutions whose microfinance lending is supported by the agency. On this trip, we saw the impact mobile phones are having on banking and business in Kenya. Like you said, many banks do not have a physical presence in Kenya due to a lack of developed infrastructure. Mobile banking has worked as a bridge over the rudimentary physical and financial infrastructure that hinders Kenya’s economic growth. You can read more about OPIC’s trip to Kenya here: http://www.opic.gov/blog/opic-in-action/opic-monitoring-trip-to-kenya.