Tech-Driven Microfinance Models for Poverty Alleviation and Financial Inclusion

Abstract

The research aims to determine the impacts of technology microfinance models on poverty alleviation and
financial inclusion within the context of developing countries. It analyzes the role of digital conduits, mobile transfer
systems, incorporated blockchains, and artificial intelligence in credit scoring within microfinance institutions (MFIs).
The approach employed is a balanced evaluation of traditional and technology driven microfinance strategies using
the latest performance indicators. The results emphasize that technology enhances outreach, reduces operational costs,
and improves transparency. This study seeks to underscore how emerging technologies MFIs in developing markets
make agile responses to the needs of the socio-economically marginalized populations. As a recommendation,
microfinance can be effectively pursued under a dynamic model responsive to technological changes and aligned with
Development Goals.