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In a first, MFI customers to be given credit scores
For the first time in India, a credit bureau is offering scores to help understand the credit profile of microfinance customers.
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How a money-tracking tool is helping businesses grow in India
While growing up in northern India, Shivani Siroya says she encountered entrepreneurs on a regular basis. Now, she's helping them track their finances in order to boost their businesses.
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- Region
- South Asia
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Operation Hope Summit: Reaching the Bottom of America’s Pyramid
Rather than casting the poor as lazy or ignorant, society should be looking for ways to redirect their latent talents and connect them with opportunity.
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Solving a $2.5 Trillion Problem: Can innovations in credit scoring give credit where it’s due?
Micro, small and medium-sized enterprises have a combined credit need of up to $2.5 trillion globally. This need is due to an intractable standoff between lenders desperate to capture this market, and borrowers unable to convey their creditworthiness in the antiquated ways demanded of them. Could credit scoring innovations utilizing non-traditional data ease the standoff?
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- credit scoring, lending
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How a Colombian Utility Buttresses the BoP: How EPM’s social financing works
Through 2012, EPM’s social funding program benefited more than 120,000 families by providing loans worth US$69 million. By the end of 2013, the Colombian utility expects to serve nearly 33,000 new families and deliver an additional $US28 million in loans.
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