The Role of Microfinance in Developing Economies: Opportunities and Challenges

Authors

  • Jamie Perez PhD
  • Morgan Campbell Dr.
  • Nico Parker Prof.

Keywords:

Microfinance, Economic Development, Poverty Alleviation, Financial Inclusion, Developing Economies

Abstract

This article investigates the role of microfinance in supporting economic development in low-income countries. We explore the opportunities and challenges associated with microfinance institutions and assess their impact on poverty alleviation. The study provides recommendations for optimizing microfinance strategies to enhance economic inclusion and growth.

Author Biographies

Jamie Perez, PhD

PhD
University of Nairobi
Nairobi, Kenya

Morgan Campbell, Dr.

Dr.
University of Dhaka
Nilkhet Rd, Dhaka 1000, Bangladesh

Nico Parker, Prof.

Prof.
National Autonomous University of Mexico
Av. Universidad 3000, Ciudad Universitaria, Coyoacán, C.P. 04510, Ciudad de México, Mexico

References

Jeyhun, R., Elshan, R., Naila, A., & Aydin, N. (2025). Effectiveness of Internet of Things migration into hybrid economic projects.

Rahimov, J., Rahimov, E., Nasirzade, A., & Yusifli, P. (2025). Economic aspects of projects based on the Internet of Things. Innovation and Sustainability Articles, 5(4), 31-44.

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Published

2026-02-24

Issue

Vol. 4 No. 1 (2026)

Section

Articles