This book explores the relationships between emerging models of formal and informal finance, welfare, and religious structures in Kenya, highlighting how trust and mistrust are shaped by invisible third parties like God or Satan. It argues that speaking of trust in a language of religious faith sustains possibilities for contingency, creativity, and change while also reproducing pre-existing inequalities and moral prejudices. The ebook editions of the book are available open access under a CC BY-NC-ND 4.0 licence.

Format: Hardback
Length: 248 pages
Publication date: 18 September 2025
Publisher: Bloomsbury Publishing PLC

Emerging Models of Formal and Informal Finance and Welfare in Kenya

This open access book examines the often overlooked entanglements and affinities between emerging models of formal and informal finance and welfare with longer-running religious structures and concerns. In Kenya, mutual aid has long mediated microcredit contracts and the social contract between citizens and the state. In effect, mutual aid has been organized in ways that contributed to mistrust in financial and state institutions as well as among families and neighbours. Nevertheless, diverse mutual aid arrangements have thrived and proliferated, not least because collaborating parties actively recognize the influence of invisible third parties such as God or Satan. The resulting forms of trust and mistrust range from the contractual to the mutual and everything in-between. Together, they highlight how speaking of trust in a language of religious faith sustains possibilities for contingency, creativity, and change alongside the reproduction of pre-existing inequalities and moral prejudices.

The ebook editions of this book are available open access under a CC BY-NC-ND 4.0 licence on bloomsburycollections.com. Open access was funded by UKRI.

Weight: 1040g
Dimension: 236 x 154 x 18 (mm)
ISBN-13: 9781350301115