Democratizing Capital: The Impact of AI and Machine Learning in Microfinance Democratizing Capital: The Impact of AI and Machine Learning in Microfinance The integration of "AI in microfinance" is rapidly closing the global credit gap. By leveraging "Machine Learning" on non-traditional data, "Fintech" companies are providing accessible and affordable "microloans" to the 1.7 billion unbanked, driving genuine "financial inclusion". "Microfinance" is a vital economic tool that provides small loans, savings, and insurance to entrepreneurs and individuals typically excluded from traditional banking systems due to lack of collateral or credit history. While revolutionary, the sector historically faced high operational costs related to in-person verification and manual "risk assessment". This is where "Artificial Intelligence (AI)...