Mkopo Rahisi (Easy Loan in Swahili) is an android-based direct-lending platform. Once customers download the product, InVenture gathers over 10,000 diverse data points that allow them to generate a credit score that is used to instantly provide users with access to credit. Approved borrowers receive and repay their loan via M-PESA. The current product can work in […]
Farmforce is a mobile service that links smallholder farmers to other actors in the agro-value chain. The Farmforce system is composed of a web site and mobile application that are used by organizations (companies, cooperatives, governments) working with large numbers of small farmers in a large scale contract farming arrangement. The software-as-a-service platform aims to […]
FarmDrive seeks to transform the way small holder farmers get access to financial services. Via their simple to use web based platform,farmers are able to register with and painlessly maintain their revenue productivity and expense records. Farmers wishing to expand their ventures are able to apply for funding via the platform.Their records combined with other […]
This technical note introduces the topic of credit scoring, discusses the different contexts in which such systems are used, the benefits of using these systems, and the challenges faced in developing and implementing them.