FiDA is publishing a mini series on various insights derived from an analysis of the latest Evidence Gap Map (EGM) update. This is the second blog, others will include impact insights on digital credit and payments and transfers, the design and delivery of various products, and where (people and location) we have been looking for impacts.
Imagine you have just completed a job and are owed money. Your client offers you a delayed payment option where instead of receiving $14,000 today, you will receive $20,000 in six months. Which option do you take?
This case study explores one company’s experience developing psychometric tests as an alternative method for credit scoring and a microfinance institution's experience implementing it.
FiDA launched the first Digital Finance Evidence Gap Map (EGM) in November 2017 with 40 studies, covering 41 different products. A year on, the EGM includes 55 studies, covering 60 products. Each year reveals more insights on the impact of various digital finance products.