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Blended Scoring - Case Example: Creditinfo CRB Georgia

By Nataliya Soldatyuk and Elene Zoninashvili - CreditInfo

The economy is not dominated by large and multinational corporations. SME‘s are greatly responsible for economic growth and therefore are an important sector to focus on.  Creditinfo Georgia has invested to develop specific tools to help companies provide better, more effective decisions to enable greater access to finance for SMEs.

BIG Data Lending in Sub-Saharan Africa, Responsibility is key to avoid pain of the past.

The experience of the over-indebtedness crisis amongst the poorest in Kosovo and other regions such Andhra Pradesh in India is still a clear memory to those who had to manage the human and financial fallout from these situations.  This type of crisis is caused by 2 factors; excessive liquidity largely from donor funded institutions and secondly no credit bureau infrastructure, or usage of it.

5 reasons why you should check your credit report frequently!

The year 2014 began on a high note for Kenya’s Credit Information Sharing (CIS) mechanism, with the publication of the Credit Reference Bureau (CRB) Regulations 2013. The new Regulations opened a new chapter in the CIS mechanism by among others, allowing both commercial banks and microfinance banks (previously known as Deposit-Taking Microfinance Institutions - DTMs) to share information on their good and bad borrowers, away from the traditional approach of sharing information on defaulters only amongst commercial banks.

Tips on building and maintaining a positive credit profile!

If I am listed in the Credit Reference Bureau, will I ever qualify for a loan in future? What can I do to attain and maintain and build a positive credit reputation?

These two questions have lingered in the mind of any borrower at some point in time and in this week’s blog piece, we attempt to share some advice on building and maintaining that esteemed and attractive credit profile. But first, it is important to know that as per the Credit Reference Bureau Regulations 2013, commercial and microfinance banks are mandated to share information on both their good and bad borrowers.