Hi, the idea seems interesting. A few questions that popped up -
- Which demographic do you plan to target exactly? The article seemed a bit vague regarding this.
- What sort of data have you thought about using if it’s a fragmented demographic like rural, since official paperwork, as you rightly mentioned, would be lacking there?
- The targets of the credit scoring algos also seem to include typical Microfinance customers (eg. Kirana store owners), so is the plan to cater more to MFIs or banks?
- Would credit scoring, in your opinion, be a good complement/value addition to the Microfinance business models?
Would be interesting to have another perspective on this.