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The Use of Credit Scoring in Microfinance Institutions and Their Outreach
Author(s) -
Bumacov Vitalie,
Ashta Arvind,
Singh Pritam
Publication year - 2014
Publication title -
strategic change
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.527
H-Index - 16
eISSN - 1099-1697
pISSN - 1086-1718
DOI - 10.1002/jsc.1985
Subject(s) - microfinance , outreach , loan , business , financial system , productivity , financial inclusion , finance , financial services , economics , economic growth
Microfinance institutions that use credit scoring increase the productivity of their loan officers, thus leading to an increase in the number of borrowers, higher growth in the number of loans, and expanding financial inclusion and developmental opportunities.