📢 Day 4/100: The Role of Data in Credit Scoring

Data is the fuel for any credit scoring engine. 🔍

However, in Ethiopia, traditional credit data is scarce.

Today, I'll dive into:

Types of alternative data (e.g., mobile money, e-commerce behavior).

Ethical challenges in data collection.

I plan to build a framework that respects privacy while being effective.

#DataDriven #CreditScoring #AlternativeData #Fintech #EthicalAI #Ethiopia

📢Day 7/100: Tackling Data Availability in Ethiopia

Building a credit scoring model in Ethiopia has challenges, especially regarding data. 📊

Key hurdles I’m exploring:

1️⃣ Data scarcity: Formal credit histories are rare, but eCommerce and mobile money data offer untapped potential.

2️⃣ Local partnerships: Collaborating with fintechs to access anonymized transaction data.

3️⃣ Privacy compliance: Ensuring data protection laws are adhered to while innovating responsibly.

💡 Question of the day: Are there alternative sources of financial data that have worked well in other emerging markets?

#DataChallenges #Ethiopia #FintechInnovation #AlternativeData #PrivacyByDesign