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@article{177323,
        author = {M.Pragathi Reddy and A.Sowmya and R.Vaishnavi and S.Akshaya Reddy and S.Shakeer Hussain and Y.Sandeep Reddy},
        title = {Empowering Gig workers with Smart Loans and Skill Growth},
        journal = {International Journal of Innovative Research in Technology},
        year = {2025},
        volume = {11},
        number = {12},
        pages = {697-704},
        issn = {2349-6002},
        url = {https://ijirt.org/article?manuscript=177323},
        abstract = {The gig economy has really changed the way we think about work by providing flexible job options. However, gig workers often struggle with financial instability because their income can be unpredictable, they don’t have employer-sponsored benefits, and they have limited access to traditional banking services. These issues become even more serious when workers lose their jobs while trying to pay off loans, leading to significant financial stress. This study presents a Smart Loan & Upskilling Platform, a tech-savvy solution aimed at providing financial security and career growth opportunities for gig workers.
This platform features AI-driven smart loans that are customized to fit the unique income patterns of gig workers, along with a system for upskilling and advancing their careers. If a worker finds themselves unemployed while repaying a loan, the platform connects them with part-time job listings, allowing them to earn money and keep up with loan payments, which can also help improve their credit score by ensuring timely payments. Plus, the platform offers tailored educational programs and skill development courses for those looking to boost their qualifications and land better-paying, more stable jobs.
By utilizing data analytics, machine learning, and fintech innovations, the system provides real-time options for loan restructuring, AI- powered career advice, and partnerships with online learning platforms. This study looks into the technological framework, implementation strategies, and socio-economic effects of such an integrated system. By promoting financial stability and encouraging ongoing employability, this proposed solution aims to create a sustainable model that enhances both economic security and career development for gig workers. The findings add valuable insights to the fields of fintech, AI-driven career advancement, and the management of the gig economy workforce.},
        keywords = {AI-driven career advice, career development, credit score, data analytics, economic security , educational programs, loan restructuring, part-time job, upskilling.},
        month = {May},
        }