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Mobile Banking in Microfinance: Unlocking Opportunities and Overcoming Challenges for Financial Inclusion
Introduction The microfinance sector has experienced significant growth in recent years, with more than 140 million micro-borrowers globally. However, the COVID-19 pandemic has exposed the sector’s challenges, particularly in reaching new borrowers and maintaining commercial viability. In response, many microfinance institutions have turned to mobile banking as a means of extending their reach and improving […]