Projects & licencing opportunities
EDRAF
Equality / Livelihoods & communities
Problem: Financial inclusion is hampered by lack of reliable metrics for assessing and minimising risks of borrowers without credit history. We need better information to increase the amount of financing available to vulnerable populations, particularly low-income women and rural communities.
Solution: EDRAF combines technology and ethnographic knowledge to provide reliable credit ratings, risk assessments and to measure the socio-economic impact of lending to under-represented customers
Impact: Results from pilots in rural South Asia show that the tool is 100% accurate in selecting creditworthy borrowers lacking collaterals.