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.