Join the Conversation on Credit Reporting & Data

Join the Conversation on Credit Reporting & Data

Our Assessment
Let’s move credit reporting move higher up on the financial inclusion agenda. It’s an essential risk management tool for providers, and it allows consumers to become ‘visible’ as creditworthy. It helps prevent over-indebtedness. We need more investment in credit reporting infrastructure, in data analytics innovations, and in the use of alternative data to bring thin-file customers into the system.

Now, we want to hear from you! How do you think the world is doing on Credit Reporting?

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    6 Comment(s)

    • Tim Liu

      POSTED ON OCTOBER 7, 2015 at 9:47 AM

      The world pays more attention to India on this aspect due to their microfinance crisis in 2010 and more investment from government and private in the country. China is one of largest market of microfinace industry in the world but credit reporting & data on the industry is at beggining stage, take China MCCs for example, only few of them from 10,000+ MCCs could link to credit reporting system of PBoC and it is not specially for micrefinance but for traditional one. Lack of development of Credit reporting & Data sector has exerted neggative influence on risk management of MMCs and other MFIs in China.

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