The Proliferation of Digital Credit Deployments

This brief provides an introduction to the fast-evolving landscape of digital credit and illustrates common features of this new digital finance offering. The focus is on digital credit services that leverage customers’ existing access to a mobile phone, though there are also digital credit models building on a person’s connection to the internet. This brief uses 10 case examples to describe the digital credit trend, recognizing that there are many more pilots and products under design than are covered. Many of the case examples are new and have not reached scale yet, while a few already have portfolios reaching 800,000 to 1.8 million active borrowers.

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Bibliographic Details
Main Authors: Hwang, Byoung-Hwa, Tellez, Camilo
Format: Brief biblioteca
Language:English
en_US
Published: World Bank, Washington, DC 2016-03
Subjects:DIGITAL DATA, MARKETING STRATEGIES, CREDIT PRODUCTS, FINANCIAL SERVICES, LOAN TERM, BORROWER, INDIVIDUAL LOANS, MICROLOAN, POTENTIAL BORROWER, CUSTOMER, BARRIER, LATE PAYMENTS, E-COMMERCE, INCOME, INTEREST, EXCHANGE, OFFERINGS, INFORMATION, LIQUIDITY, REPAYMENTS, LOAN PRODUCT, CREDIT SCORING, SAVINGS SERVICE, LOAN, BORROWERS, OWNERSHIP, LOAN DECISIONS, PAYMENTS, CUSTOMER RELATIONS, COMPUTER, PAYMENT HISTORIES, JUDGMENT, PERSONAL COMPUTER, COMMUNICATIONS, INSTITUTIONS, OVERDUE LOANS, DATA, CREDITS, SAVINGS, COMMERCE, FINANCIAL INSTITUTION, CASH ADVANCES, COMMERCIAL BANK, CREDIT BUREAUS, LOAN PRODUCTS, LOW-INCOME COUNTRIES, PORTFOLIOS, NEW PRODUCT, EXCHANGE RATES, INTEREST RATES, MIDDLE-INCOME ECONOMIES, APR, REPAYMENT BEHAVIOR, PAYMENT, MARKETING, MARKETS, WEB, LINKS, LOANS, LOAN SIZES, FINANCE, LOAN TERMS, SAVINGS ACCOUNT, COMMON MARKET, TRANSACTIONS, SMALL LOANS, PHONE, EQUITY, CREDIT DECISIONS, LOAN REPAYMENT, PDF, GOOD, CREDIT PROVIDERS, MOBILE DEVICE, MOBILE PHONE, DEFAULT RATES, PENALTY, CREDIT, CREDIT PRODUCT, MICROINSURANCE, FAX, REPAYMENT, DISBURSEMENTS, FINANCIAL ACCOUNT, PRODUCT CATEGORY, LOAN RATIOS, DEFAULT, CONSUMER LOAN, MARKET, FACTORS, FOREIGN EXCHANGE, CUSTOMER RETENTION, CREDIT BUREAU, CREDIT RISK, MICROFINANCE, MARKET SHARE, BLOG, NONPERFORMING LOAN, LOAN APPLICATIONS, BUSINESSES, NETWORK, PHONES, RISK, DIGITAL INFRASTRUCTURE, SHARE, LOAN SIZE, RETENTION, DIGITAL COMMUNICATIONS, BANKING, SMALL LOAN, LOAN AMOUNTS, REVENUE, INSTITUTION, MOBILE PHONES, LENDING, ONLINE BANKING, LEVERAGE, CUSTOMERS, CREDIT DELIVERY, SHORT-TERM LIQUIDITY, CREDIT HISTORY, WEB SITE, TARGET, CREDIT DECISION, SMALL BUSINESSES, CONSUMER PROTECTION,
Online Access:http://documents.worldbank.org/curated/en/2016/06/26430465/proliferation-digital-credit-deployments
http://hdl.handle.net/10986/24567
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