The Potential of Digital Credit to Bank the Poor

Autor:	Darrell Grissen, Daniel Björkegren
Rok vydání:	2018
Předmět:	Finance business.industry Mobile payment Developing country General Medicine Business Digitization
Zdroj:	AEA Papers and Proceedings. 108:68-71
ISSN:	2574-0776 2574-0768
DOI:	10.1257/pandp.20181032
Popis:	Many households in developing countries lack access to credit: physically providing small loans to poor and remote populations is costly. However, the digitization of developing countries enables a new model: digital credit delivered directly via mobile phones. Mobile money enables inexpensive financial transfers, and mobile phones capture behavior that can predict repayment when mined with machine learning. This paper evaluates the potential for digital credit to reach those excluded from current financial systems.
Databáze:	OpenAIRE
Externí odkaz:	https://explore.openaire.eu/search/publication?articleId=doi_________::f9ea6afbff33513fc84135e24094a5a3 https://doi.org/10.1257/pandp.20181032 Zobrazit plný text záznamu Plný text ve formátu PDF