Articles by Ayokunmi Sodamola
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Guest Articles
Tuesday
June 30
2026Designing Credit Systems for Informal Economies: Why More Data Alone Is Not Enough
The global financing gap for micro, small and medium-sized enterprises (MSMEs) is estimated in the trillions. As Ayokunmi Sodamola argues, the reason for this gap is not that these enterprises exhibit poor financial behaviors — or even that there’s a lack of data that can be used to assess their creditworthiness. It's that standard credit scoring models aren't designed to capture and interpret the data generated by their informal financial activities. He explores how lenders can build a more integrated approach that treats data, identity, trust, risk and incentives as interconnected layers of a single credit assessment system.
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