{"id":"https://openalex.org/W7224767850","doi":"https://doi.org/10.1922/comdem.v3i6s.18751","title":"Fintech Integration in Microfinance: Opportunities and Risks for Small Businesses","display_name":"Fintech Integration in Microfinance: Opportunities and Risks for Small Businesses","publication_year":2026,"publication_date":"2026-10-29","ids":{"openalex":"https://openalex.org/W7224767850","doi":"https://doi.org/10.1922/comdem.v3i6s.18751"},"language":"en","primary_location":{"id":"doi:10.1922/comdem.v3i6s.18751","doi":"https://doi.org/10.1922/comdem.v3i6s.18751","is_oa":true,"landing_page_url":"https://doi.org/10.1922/comdem.v3i6s.18751","pdf_url":"https://www.comdem.org/index.php/comdem/article/download/18751/12549","source":{"id":"https://openalex.org/S4404675604","display_name":"Computer and decision making.","issn_l":"3008-1416","issn":["3008-1416"],"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":null,"host_organization_name":null,"host_organization_lineage":[],"host_organization_lineage_names":[],"type":"journal"},"license":"cc-by","license_id":"https://openalex.org/licenses/cc-by","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Computer and Decision Making: An International Journal","raw_type":"journal-article"},"volume":null,"type":"article","is_traditional":true,"indexed_in":["crossref"],"open_access":{"is_oa":true,"oa_status":"hybrid","oa_url":"https://www.comdem.org/index.php/comdem/article/download/18751/12549","any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5070507060","display_name":"Gaurav Sehgal","orcid":null,"observed_orcids":[]},"institutions":[{"id":"https://openalex.org/I299920578","display_name":"Baba Ghulam Shah Badshah University","ror":"https://ror.org/00fp2m518","country_code":"IN","type":"education","lineage":["https://openalex.org/I299920578"]}],"countries":["IN"],"is_corresponding":false,"raw_author_name":"Dr. Gaurav Sehgal","raw_affiliation_strings":["Assistant Professor (Level 12), Department of Management Studies, Baba Ghulam Shah Badshah University, Rajouri, J&K UT, India"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Assistant Professor (Level 12), Department of Management Studies, Baba Ghulam Shah Badshah University, Rajouri, J&K UT, India","institution_ids":["https://openalex.org/I299920578"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5160174447","display_name":"Dr. Seema Sharma","orcid":null,"observed_orcids":[]},"institutions":[{"id":"https://openalex.org/I49068896","display_name":"Assam Down Town University","ror":"https://ror.org/039p5s648","country_code":"IN","type":"education","lineage":["https://openalex.org/I49068896"]}],"countries":["IN"],"is_corresponding":false,"raw_author_name":"Dr. Seema Sharma","raw_affiliation_strings":["Professor,  Faculty of Commerce & Management, Assam down town University, Guwahati, Assam, India"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Professor,  Faculty of Commerce & Management, Assam down town University, Guwahati, Assam, India","institution_ids":["https://openalex.org/I49068896"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5122902284","display_name":"Sidhant Mohapatra","orcid":null,"observed_orcids":[]},"institutions":[],"countries":[],"is_corresponding":false,"raw_author_name":"Sidhant Mohapatra","raw_affiliation_strings":["Manager - Economist (Research) and Part Time Ph.D Scholar in Law, Pension Fund Regulatory and Development Authority, Govt of India  University: SOA National Institute Law, City: Delhi. Country: India"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Manager - Economist (Research) and Part Time Ph.D Scholar in Law, Pension Fund Regulatory and Development Authority, Govt of India  University: SOA National Institute Law, City: Delhi. Country: India","institution_ids":[]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5012368076","display_name":"Amitabh Satapathy","orcid":"https://orcid.org/0000-0003-3152-4360","observed_orcids":["https://orcid.org/0000-0003-3152-4360"]},"institutions":[{"id":"https://openalex.org/I4402554218","display_name":"Xavier Institute of Management and Entrepreneurship","ror":"https://ror.org/03mp99h26","country_code":"IN","type":"education","lineage":["https://openalex.org/I4402554218"]}],"countries":["IN"],"is_corresponding":false,"raw_author_name":"Dr Amitabh Satapathy","raw_affiliation_strings":["Professor, Dept. of Management, Xavier Institute of Management and Entrepreneurship, Kochi, Kerala, 683503, India"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Professor, Dept. of Management, Xavier Institute of Management and Entrepreneurship, Kochi, Kerala, 683503, India","institution_ids":["https://openalex.org/I4402554218"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5137958840","display_name":"Masud Ul Haque","orcid":null,"observed_orcids":[]},"institutions":[{"id":"https://openalex.org/I10767319","display_name":"Assam Don Bosco University","ror":"https://ror.org/00rmfj856","country_code":"IN","type":"education","lineage":["https://openalex.org/I10767319"]}],"countries":["IN"],"is_corresponding":false,"raw_author_name":"Masud Ul Haque","raw_affiliation_strings":["PhD research scholar, Department of Economics, Assam Don Bosco University, Tapesia Campus, Kamarkuchi, Sonapur - 782402, Assam, India"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"PhD research scholar, Department of Economics, Assam Don Bosco University, Tapesia Campus, Kamarkuchi, Sonapur - 782402, Assam, India","institution_ids":["https://openalex.org/I10767319"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5104105153","display_name":"Richa Jain","orcid":"https://orcid.org/0009-0003-6907-9183","observed_orcids":["https://orcid.org/0009-0003-6907-9183"]},"institutions":[{"id":"https://openalex.org/I46130087","display_name":"Indian Institute of Management Udaipur","ror":"https://ror.org/001xs0312","country_code":"IN","type":"education","lineage":["https://openalex.org/I46130087"]}],"countries":["IN"],"is_corresponding":false,"raw_author_name":"Dr Richa Jain","raw_affiliation_strings":["Head, Centre for Teaching and learning, Finance, Indian Institute of Management, Udaipur, State-Rajasthan"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Head, Centre for Teaching and learning, Finance, Indian Institute of Management, Udaipur, State-Rajasthan","institution_ids":["https://openalex.org/I46130087"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":5,"corresponding_author_ids":[],"corresponding_institution_ids":[],"apc_list":null,"apc_paid":null,"fwci":0.0,"has_fulltext":true,"cited_by_count":0,"citation_normalized_percentile":{"value":0.87452703,"is_in_top_1_percent":false,"is_in_top_10_percent":false},"cited_by_percentile_year":null,"biblio":{"volume":"3","issue":"6S","first_page":"246","last_page":"256"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10987","display_name":"Microfinance and Financial Inclusion","score":0.75,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10987","display_name":"Microfinance and Financial Inclusion","score":0.75,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T11995","display_name":"FinTech, Crowdfunding, Digital Finance","score":0.24940000474452972,"subfield":{"id":"https://openalex.org/subfields/1404","display_name":"Management Information Systems"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T13744","display_name":"Financial Literacy and Behavior","score":9.999999747378752e-05,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/fintech","display_name":"fintech","score":0.9660000205039978},{"id":"https://openalex.org/keywords/microfinance","display_name":"microfinance","score":1.0},{"id":"https://openalex.org/keywords/small-business","display_name":"small business","score":0.625},{"id":"https://openalex.org/keywords/financial-inclusion","display_name":"financial inclusion","score":0.906000018119812},{"id":"https://openalex.org/keywords/kiva","display_name":"Kiva","score":0.7400000095367432},{"id":"https://openalex.org/keywords/microcredit","display_name":"microcredit","score":0.4339999854564667},{"id":"https://openalex.org/keywords/loan-disbursement","display_name":"loan disbursement","score":0.6610000133514404},{"id":"https://openalex.org/keywords/borrower-characteristics","display_name":"borrower characteristics","score":0.875},{"id":"https://openalex.org/keywords/women-borrowers","display_name":"women borrowers","score":0.8080000281333923},{"id":"https://openalex.org/keywords/informal-economy","display_name":"informal economy","score":0.5910000205039978},{"id":"https://openalex.org/keywords/credit-evaluation","display_name":"creditworthiness assessment","score":0.6790000200271606},{"id":"https://openalex.org/keywords/sustainable-development","display_name":"sustainable development","score":0.3630000054836273},{"id":"https://openalex.org/keywords/developing-countries","display_name":"developing countries","score":0.5440000295639038}],"concepts":[{"id":"https://openalex.org/C28129649","wikidata":"https://www.wikidata.org/wiki/Q926217","display_name":"Microfinance","level":2,"score":0.9057999849319458},{"id":"https://openalex.org/C2779251847","wikidata":"https://www.wikidata.org/wiki/Q60852","display_name":"Financial inclusion","level":3,"score":0.7886000275611877},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.7009999752044678},{"id":"https://openalex.org/C139043278","wikidata":"https://www.wikidata.org/wiki/Q837171","display_name":"Financial services","level":2,"score":0.6298999786376953},{"id":"https://openalex.org/C2777764128","wikidata":"https://www.wikidata.org/wiki/Q189539","display_name":"Loan","level":2,"score":0.5350000262260437},{"id":"https://openalex.org/C66204764","wikidata":"https://www.wikidata.org/wiki/Q219416","display_name":"Sustainability","level":2,"score":0.48030000925064087},{"id":"https://openalex.org/C3987366","wikidata":"https://www.wikidata.org/wiki/Q6658164","display_name":"Livelihood","level":3,"score":0.47609999775886536},{"id":"https://openalex.org/C2780082420","wikidata":"https://www.wikidata.org/wiki/Q4672483","display_name":"Access to finance","level":2,"score":0.3801000118255615},{"id":"https://openalex.org/C2780378061","wikidata":"https://www.wikidata.org/wiki/Q25351891","display_name":"Service (business)","level":2,"score":0.37049999833106995},{"id":"https://openalex.org/C4216890","wikidata":"https://www.wikidata.org/wiki/Q815823","display_name":"Business model","level":2,"score":0.36500000953674316},{"id":"https://openalex.org/C73283319","wikidata":"https://www.wikidata.org/wiki/Q1416617","display_name":"Financial system","level":1,"score":0.3555999994277954},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.3508000075817108},{"id":"https://openalex.org/C40700","wikidata":"https://www.wikidata.org/wiki/Q1411783","display_name":"Industrial organization","level":1,"score":0.3499999940395355},{"id":"https://openalex.org/C552854447","wikidata":"https://www.wikidata.org/wiki/Q131201","display_name":"Sustainable development","level":2,"score":0.34540000557899475},{"id":"https://openalex.org/C540431452","wikidata":"https://www.wikidata.org/wiki/Q16319025","display_name":"FinTech","level":3,"score":0.32350000739097595},{"id":"https://openalex.org/C68595000","wikidata":"https://www.wikidata.org/wiki/Q2274177","display_name":"Service delivery framework","level":3,"score":0.3082999885082245},{"id":"https://openalex.org/C2777064627","wikidata":"https://www.wikidata.org/wiki/Q3151423","display_name":"Financial innovation","level":2,"score":0.2928999960422516},{"id":"https://openalex.org/C27548731","wikidata":"https://www.wikidata.org/wiki/Q88272","display_name":"Investment (military)","level":3,"score":0.2833000123500824},{"id":"https://openalex.org/C83864248","wikidata":"https://www.wikidata.org/wiki/Q177323","display_name":"Developing country","level":2,"score":0.2816999852657318},{"id":"https://openalex.org/C3307092","wikidata":"https://www.wikidata.org/wiki/Q6532095","display_name":"Service innovation","level":3,"score":0.2685000002384186},{"id":"https://openalex.org/C2780615719","wikidata":"https://www.wikidata.org/wiki/Q5449723","display_name":"Financial integration","level":3,"score":0.2632000148296356},{"id":"https://openalex.org/C206345919","wikidata":"https://www.wikidata.org/wiki/Q20380951","display_name":"Resource (disambiguation)","level":2,"score":0.25850000977516174},{"id":"https://openalex.org/C178350159","wikidata":"https://www.wikidata.org/wiki/Q162714","display_name":"Credit risk","level":2,"score":0.2581000030040741}],"mesh":[],"locations_count":1,"locations":[{"id":"doi:10.1922/comdem.v3i6s.18751","doi":"https://doi.org/10.1922/comdem.v3i6s.18751","is_oa":true,"landing_page_url":"https://doi.org/10.1922/comdem.v3i6s.18751","pdf_url":"https://www.comdem.org/index.php/comdem/article/download/18751/12549","source":{"id":"https://openalex.org/S4404675604","display_name":"Computer and decision making.","issn_l":"3008-1416","issn":["3008-1416"],"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":null,"host_organization_name":null,"host_organization_lineage":[],"host_organization_lineage_names":[],"type":"journal"},"license":"cc-by","license_id":"https://openalex.org/licenses/cc-by","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Computer and Decision Making: An International Journal","raw_type":"journal-article"}],"best_oa_location":{"id":"doi:10.1922/comdem.v3i6s.18751","doi":"https://doi.org/10.1922/comdem.v3i6s.18751","is_oa":true,"landing_page_url":"https://doi.org/10.1922/comdem.v3i6s.18751","pdf_url":"https://www.comdem.org/index.php/comdem/article/download/18751/12549","source":{"id":"https://openalex.org/S4404675604","display_name":"Computer and decision making.","issn_l":"3008-1416","issn":["3008-1416"],"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":null,"host_organization_name":null,"host_organization_lineage":[],"host_organization_lineage_names":[],"type":"journal"},"license":"cc-by","license_id":"https://openalex.org/licenses/cc-by","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Computer and Decision Making: An International Journal","raw_type":"journal-article"},"sustainable_development_goals":[{"score":0.9211000204086304,"display_name":"Decent work and economic growth","id":"https://metadata.un.org/sdg/8"},{"score":0.7207000255584717,"display_name":"Industry, innovation and infrastructure","id":"https://metadata.un.org/sdg/9"},{"score":0.5,"display_name":"Reduced inequalities","id":"https://metadata.un.org/sdg/10"},{"score":0.41670000553131104,"display_name":"No poverty","id":"https://metadata.un.org/sdg/1"}],"study_designs":[],"awards":[],"funders":[],"has_content":{"grobid_xml":true,"pdf":true},"content_urls":{"pdf":"https://content.openalex.org/works/W7224767850.pdf","grobid_xml":"https://content.openalex.org/works/W7224767850.grobid-xml"},"referenced_works_count":0,"referenced_works":[],"related_works":["https://openalex.org/W4404416814","https://openalex.org/W7151076512","https://openalex.org/W6893409721","https://openalex.org/W7130614834","https://openalex.org/W7161959363","https://openalex.org/W4407095806","https://openalex.org/W2972675676","https://openalex.org/W4410112508","https://openalex.org/W7215567299","https://openalex.org/W7212296808"],"abstract_inverted_index":{"The":[0,42,80,225],"integration":[1,86,201],"of":[2,13,29,32,55,67,72,77,111,139,154,164,167,190,202,216,230,249],"financial":[3,14,36,89],"technology":[4],"(fintech)":[5],"into":[6],"microfinance":[7,33,57,205],"has":[8],"significantly":[9],"transformed":[10],"the":[11,27,52,65,70,75,78,84,88,109,123,141,152,160,165,196,200,214,228],"delivery":[12],"services":[15],"to":[16,63,94,222,245],"underserved":[17],"populations,":[18],"particularly":[19,96],"micro":[20],"and":[21,40,47,74,99,114,116,126,136,180,192,211,242],"small":[22],"enterprises.":[23,250],"This":[24],"paper":[25,161],"examines":[26],"role":[28],"fintech-enabled":[30,168],"models":[31],"in":[34,101,108],"promoting":[35],"access,":[37],"enterprise":[38],"activity,":[39],"risk.":[41],"study":[43,197],"follows":[44],"a":[45,56,119,155,231],"quantitative":[46],"analytical":[48],"approach":[49],"based":[50,59,125],"on":[51,60,122,182],"secondary":[53],"data":[54],"platform":[58],"fintech":[61,85,203],"(Kiva)":[62],"explore":[64],"patterns":[66],"loan":[68],"distributions,":[69],"characteristics":[71],"borrowers,":[73],"engagement":[76],"sector.":[79],"results":[81,226],"show":[82,144],"that":[83,145,199,234],"promotes":[87],"inclusion":[90],"by":[91,206],"increasing":[92],"access":[93],"credit,":[95],"among":[97],"women":[98],"borrowers":[100],"developing":[102],"areas.":[103],"Loans":[104],"are":[105,148,219],"mainly":[106],"concentrated":[107],"sectors":[110],"agriculture,":[112],"retail":[113],"service":[115],"this":[117],"indicates":[118],"high":[120],"concentration":[121],"livelihood":[124],"informal":[127],"economic":[128],"activities.":[129],"Although":[130],"digital":[131,183],"platforms":[132],"enhance":[133],"outreach,":[134],"efficiency,":[135],"global":[137],"connectivity":[138],"capital,":[140],"findings":[142],"also":[143],"most":[146],"loans":[147],"small,":[149],"which":[150],"restricts":[151],"possibility":[153],"major":[156],"business":[157],"growth.":[158],"Secondly,":[159],"lists":[162],"some":[163],"risks":[166],"microfinance,":[169],"such":[170],"as":[171],"inadequate":[172],"credit":[173],"assessment":[174],"tools,":[175],"possible":[176],"difficulties":[177],"with":[178,239],"repayment,":[179],"dependence":[181],"infrastructure.":[184],"These":[185],"aspects":[186],"draw":[187],"up":[188],"issues":[189],"sustainability":[191],"long-term":[193],"effects.":[194],"Overall,":[195],"finds":[198],"enhances":[204],"making":[207],"it":[208],"more":[209],"accessible":[210],"inclusive,":[212],"although":[213],"effects":[215],"its":[217],"development":[218,248],"limited":[220],"due":[221],"structural":[223],"constraints.":[224],"underscore":[227],"necessity":[229],"balanced":[232],"measure":[233],"involves":[235],"integrating":[236],"technological":[237],"innovation":[238],"institutional":[240],"resource":[241],"policy":[243],"frameworks":[244],"make":[246],"sustainable":[247]},"counts_by_year":[],"updated_date":"2026-11-04T10:54:05.112534","created_date":"2026-10-31T00:00:00"}