Paper Title
The Synergy of Technology and Microfinance
Article Identifiers
Authors
Rachit Bansal
Keywords
Abstract
This research study investigates the complex relationship between technology and microfinance, examining how technical improvements have altered the microfinance sector and impacted financial inclusion globally. The study's goal is to give a thorough assessment of the synergies between technology and microfinance, highlighting the benefits and challenges related with their integration. In addition, the study attempts to offer a thorough assessment of the technological and microfinance synergies. It will look at how digital platforms have improved risk assessment models, expedited loan disbursement, and made repayment mechanisms more effective. The incorporation of artificial intelligence and big data analytics into microfinance operations has enabled institutions to make better-informed lending decisions, thereby reducing risks and guaranteeing sustainable financial inclusion.
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"The Synergy of Technology and Microfinance", IJNRD - INTERNATIONAL JOURNAL OF NOVEL RESEARCH AND DEVELOPMENT (www.IJNRD.org), ISSN:2456-4184, Vol.8, Issue 12, page no.a116-a121, December-2023, Available :https://ijnrd.org/papers/IJNRD2312019.pdf
Issue
Volume 8 Issue 12, December-2023
Pages : a116-a121
Other Publication Details
Paper Reg. ID: IJNRD_210260
Published Paper Id: IJNRD2312019
Downloads: 000121224
Research Area: Management
Country: Jaipur, Rajasthan, India
Published Paper PDF: https://ijnrd.org/papers/IJNRD2312019.pdf
Published Paper URL: https://ijnrd.org/viewpaperforall?paper=IJNRD2312019
About Publisher
Journal Name: INTERNATIONAL JOURNAL OF NOVEL RESEARCH AND DEVELOPMENT(IJNRD)
ISSN: 2456-4184 | IMPACT FACTOR: 8.76 Calculated By Google Scholar | ESTD YEAR: 2016
An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 8.76 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator
Publisher: IJNRD (IJ Publication) Janvi Wave
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This work is licensed under a Creative Commons Attribution 4.0 International License and The Open Definition


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IJNRD is Scholarly open access journals, Peer-reviewed, and Refereed Journals, High Impact factor 8.76 (Calculate by google scholar and Semantic Scholar | AI-Powered Research Tool), Multidisciplinary, Monthly, Indexing in all major database & Metadata, Citation Generator, Digital Object Identifier(DOI) with Open-Access Publications.
INTERNATIONAL JOURNAL OF NOVEL RESEARCH AND DEVELOPMENT (IJNRD) aims to explore advances in research pertaining to applied, theoretical and experimental Technological studies. The goal is to promote scientific information interchange between researchers, developers, engineers, students, and practitioners working in and around the world. IJNRD will provide an opportunity for practitioners and educators of engineering field to exchange research evidence, models of best practice and innovative ideas.
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