FinTech and Credit Accessibility: Evidence from Microfinance Institutions

Authors

  • Dr. Ahmed Hassan Department of Economics, University of Nairobi, Kenya

Keywords:

Fintech, microfinance, credit accessibility, financial inclusion, emerging economies

Abstract

This research examines how fintech innovations influence credit accessibility among microfinance institutions (MFIs) in India, Kenya, and Bangladesh. Using data from 120 MFIs and surveys of 3,000 clients, the study finds that mobile banking, digital credit scoring, and AI-enabled loan approvals significantly improve loan approval rates and reduce processing times. Fintech adoption is particularly impactful for women entrepreneurs and rural clients, enhancing financial inclusion. Challenges such as cybersecurity, regulatory compliance, and digital literacy are addressed, and policy recommendations are provided to maximize fintech benefits for underserved populations.

Published

31-12-2020

How to Cite

Dr. Ahmed Hassan. “FinTech and Credit Accessibility: Evidence from Microfinance Institutions”. The Sankalpa: International Journal of Management Decisions, vol. 6, no. 2, Dec. 2020, pp. 1-12, https://www.thesankalpa.org/ijmd/article/view/78.

Issue

Vol. 6 No. 2 (2020): July - December 2020

Section

Original Articles

License

Copyright (c) 2020 The Sankalpa: International Journal of Management Decisions

Creative Commons License

This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.