It's now a tradition that the European Microfinance Week opens with a plenary session featuring the finalists of the European Microfinance Award, the €100,000 prize awarded by the Luxembourg Ministry of Foreign and European Affairs.
Big Data, we've all heard the term. Across industries, teams are excited and daunted by the prospect of data transforming the way they work. In this Talk, Tom Allen discusses the impact big data will have on the microfinance sector as a gateway to financial inclusion for the poor and how data plays an integral role in the management of a microfinance network and what this means at client level.
Date: October 26, 2017 Presented by: Justin McAuley, VisionFund
In this session Justin McAuley details a product that VisionFund has implemented to automate the application process for loan officers in the field. Drawing on data from over 80 sources, the technology uses an algorithm to create loan terms appropriate to the financial situation of individual clients.