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Podcast: Payments on Fireâ„¢
Episode: Data Analytics, Lending, and the Next 100 Million Borrowers
Description: Extension of credit to people in developing markets has been a
long time challenge. Banks, of course, look to repayment history to
make such determinations but in much of the world, banking
relationships and repayment track records are few. But history has
demonstrated that extension of credit in developing markets can be
effective and profitable. Just look at the Grameen Bank's high
micro-loan repayment rates.
To address this repayment data dearth, Lenddo.com developed a lending data set
in multiple developing countries, having gone into the lending
business just to generate the data it needed to tune it...