Leveraging technology to improve capacity-building initiatives in microfinance institutions

Kwaku Ofori *

Department of Retail Banking and Consulting, Affinity Ghana, Accra, Ghana.
 
Review
International Journal of Science and Research Archive, 2022, 06(02), 320–324.
Article DOI: 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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