The Role of Financial Technology in Improving Credit Inclusion for Small and Micro Enterprises in Poor Areas

This paper analyzes the role of financial technology in improving the credit inclusion of SMEs in poverty-stricken areas. First, the concept and characteristics of financial technology are defined, also the connotation of credit inclusion is explained. Secondly, the financing difficulties of SMEs and enterprises in poverty-stricken areas are analyzed, problems such as insufficient coverage of traditional financial institutions, high loan costs as well as imperfect credit evaluation systems are pointed out. With the help of technologies such as big data, artificial intelligence and blockchain, financial technology reduces the cost of financial services, expands the scope of credit coverage and optimizes the credit evaluation system, so that SMEs without traditional credit records can also obtain loan support and improve financing availability. Finally, combined with empirical research, a strategy of policy-driven, technology-enabled, cooperative collaboration is proposed to promote the development of credit for SMEs in poverty-stricken areas, provide theoretical support and practical guidance for regional economic growth.