Leveraging technology to improve capacity-building initiatives in microfinance institutions

Kwaku Ofori

doi:10.30574/ijsra.2022.6.2.0086

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Leveraging technology to improve capacity-building initiatives in microfinance institutions

Kwaku Ofori ^*

Department of Retail Banking and Consulting, Affinity Ghana, Accra, Ghana.

Review Article

International Journal of Science and Research Archive, 2022, 06(02), 320–324.

Article DOI: 10.30574/ijsra.2022.6.2.0086

DOI url: https://doi.org/10.30574/ijsra.2022.6.2.0086

Publication history

Received on 20 June 2022; revised on 05 August 2022; accepted on 07 August 2022

Abstract

Capacity building is crucial for the long-term sustainability and success of microfinance institutions (MFIs), particularly in developing economies where financial inclusion plays a vital role. This paper explores how leveraging modern technologies, such as digital platforms, mobile applications, artificial intelligence (AI), and big data, can enhance the capacity-building initiatives of MFIs. These technologies enable better training, operational efficiency, and client outreach, ultimately leading to improved performance in financial inclusion efforts

Keywords

Capacity-building; Microfinance institutions; Leveraging modern technologies

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How to cite this article

Kwaku Ofori. Leveraging technology to improve capacity-building initiatives in microfinance institutions. International Journal of Science and Research Archive, 2022, 06(02), 320–324. Article DOI: https://doi.org/10.30574/ijsra.2022.6.2.0086

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