Can digital technologies reshape rural microfinance? Implications for savings, credit, & insurance

Elinor Benami, Michael R. Carter · 2021 · Applied Economic Perspectives and Policy

Summary. Digital technologies like mobile money, digital credit scoring, and satellite imagery can address rural microfinance challenges by reducing information gaps and transaction costs in savings, credit, and insurance markets. The paper reviews evidence across these three domains and finds promising potential, but warns that digital tools have limitations requiring careful evaluation and oversight to ensure the resulting financial systems are more efficient and equitable than current alternatives.

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@article{benami-2021-can-digital-technologies-reshape-rural,
  title   = {Can digital technologies reshape rural microfinance? Implications for savings, credit, & insurance},
  author  = {Elinor Benami and Michael R. Carter},
  journal = {Applied Economic Perspectives and Policy},
  year    = {2021},
  doi     = {10.1002/aepp.13151},
  url     = {https://doi.org/10.1002/aepp.13151}
}

TY  - JOUR
TI  - Can digital technologies reshape rural microfinance? Implications for savings, credit, & insurance
AU  - Elinor Benami
AU  - Michael R. Carter
JO  - Applied Economic Perspectives and Policy
PY  - 2021
DO  - 10.1002/aepp.13151
UR  - https://doi.org/10.1002/aepp.13151
ER  - 

Details

DOI

10.1002/aepp.13151

Countries

United States

Regions

North America

Categories

broadband-and-digital, funding

Added

2026-04-28