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Equifax allies with IFC for MFI credit score

Equifax allies with IFC for MFI credit score

10 Dec 2013
Financial Express

Edition: Page 8

 

Credit information company Equifax India said it has partnered with International Finance Corporation (IFC), a World Bankgroup member, to offer micro-finance risk scores. The score has been designed to predict the future credit behaviour of a MFI borrower, Equifax India said. "With this, more than six core micro borrowers, whosecredit recordsare available in the bureau would geta score," it noted.