CommuScore - Johannesburg

By utilizing alternate credit scoring methods, financial institutions can promote financial inclusion in emerging markets. These methods are designed to assess the risk of potential borrowers in a more comprehensive way, taking into account factors such as employment history, payment behaviour, and other social indicators. By using these alternate credit scoring methods, financial institutions can provide access to credit to individuals who may have been overlooked using traditional methods. This can help to expand access to financial services and promote economic development in emerging markets.