Disruptive Finance : Using Psychometrics to Overcome Collateral Constraints in Ethiopia
This case study tells the story of the evolution of psychometric credit scoring as an innovative solution in a World Bank operation, from its humble beginnings as a small pilot in Ethiopia, to the current movement to replicate its use for similar c...
| Main Authors: | , , , , |
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| Format: | Working Paper |
| Language: | English |
| Published: |
World Bank, Washington, DC
2018
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| Subjects: | |
| Online Access: | http://documents.worldbank.org/curated/en/651751524666164146/Disruptive-finance-using-psychometrics-to-overcome-collateral-constraints-in-Ethiopia http://hdl.handle.net/10986/29746 |
| Summary: | This case study tells the story of the
evolution of psychometric credit scoring as an innovative
solution in a World Bank operation, from its humble
beginnings as a small pilot in Ethiopia, to the current
movement to replicate its use for similar challenges in
countries across the continent in Tanzania, Zimbabwe,
Madagascar, and beyond. Fintech is commonly defined as an
industry composed of companies that use technology to make
financial systems more efficient. The story is one of both
achievements and setbacks, just as the future of fintech
holds both promise and limitations. It is shared with a view
to better understand how psychometrics and fintech more
broadly can be utilized to solve critical development
challenges, and help get finance to those who need it most
around the world. |
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