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Econ 101: Three different ways to lift girls out of poverty
New projects that teach young women how to start a business, hold a bank account, and apply for financial aid can help to give them better futures and avoid the hallmarks of poverty -- poor health care, forced marriage, and early childbirth.
And Kathy Calvin, CEO of the United Nations Foundation, says that helping girls out of poverty will have a ripple effect that extends to fighting poverty for more than just themselves.- Categories
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Solving a $2.5 Trillion Problem: Can innovations in credit scoring give credit where it’s due?
Micro, small and medium-sized enterprises have a combined credit need of up to $2.5 trillion globally. This need is due to an intractable standoff between lenders desperate to capture this market, and borrowers unable to convey their creditworthiness in the antiquated ways demanded of them. Could credit scoring innovations utilizing non-traditional data ease the standoff?
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- credit scoring, lending
