Kenya plans to unlock micro, small & medium enterprises (MSME) financing
This podcast featured Lemuel Mangla, the Head of Policy and Compliance at CIS Kenya, and MSC’s BFS Specialist Kim Kariuki. They discussed the monumental changes in Kenya’s credit scoring system. The government is moving the financial industry from blacklisting to a graduated model that allows even those with poor scores to access credit. More than 4 million Kenyans can now access formal credit with this move, which will likely accelerate post-pandemic recovery and improve liquidity for women-led MSMEs.
Nov 21, 2022
What is statistical credit scoring?
The ability of Financial Institutions (FI) to effectively underwrite microenterprise loans depends on accurate assessment of the loan applicant’s ability and intent to repay. Traditionally, financial institutions use their past knowledge and experience of financing microenterprises to carry out such assessments.
Oct 29, 2018
Democratising Financial Services
In addition to Aadhaar, the India Stack is likely to transform payments, financial services and consumer protection in India.
Apr 12, 2016
Puneet Chopra, Paresh Rajde, Vivek Anand, Samveet Sahoo and Partha Ghosh
Design Considerations for Credit Scorecard for MSME Financing
One of the major challenges faced by MSMEs is the lack of access to finance. Through this paper, we suggest a fresh approach by introducing simple but effective credit scorecard.
Dec 1, 2013
Design Considerations for Credit Scorecard for MSME Financing
One of the major challenges faced by MSMEs is the lack of access to finance. Through this paper, we suggest a fresh approach by introducing simple but effective credit scorecard.
Oct 1, 2013
Principles and Models of an Effective Credit Scoring Tool Design
In this video, MSC’s expert Anup Singh, Domain Leader for MSME financing, discusses the utility of credit scoring tool for standardised appraisal of prospective MSMEs for financing. He mentions about the key design considerations that the banks and financial institutions must keep in mind while developing credit scoring tool for MSMEs’ appraisal. He compares the […]
Jul 19, 2013
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