Matrix constriants
Access to Finance
Matrix region
South Asia
Matrix Impact
Emerging evidence of impact
Matrix Project
World Bank Project
POTENTIAL INTERVENTIONS
Incentivize financial institutions to develop products and services that meet women's needs (e.g., alternative-data-based lending, psychometric testing, payments, savings, credit and insurance)
Technology
Fintech innovations: big data
Summary
<b>INDIA: State Bank of India (SBI) e-Smart SME project</b> offers collateral-free working capital loan for sellers on e-commerce platforms via online loan application & approval process. Fintech algorithms analyze users' social network behavior and mobile phone usage patterns to develop credit scores.
Matrix Project Number
<a href="http://documents1.worldbank.org/curated/en/701331497329509915/pdf/116186-WP-AlternativeFinanceReportlowres-PUBLIC.pdf">State Bank of India (SBI) e-Smart SME project</a>