Bringing Quick Loans to the Unbankable in Kenya (B)

This case tells the story of InVenture, a data science company based in California, that has created a machine learning algorithm to identify the creditworthiness of those with no credit history by tracking their mobile data patterns. With this technology they define a credit score and can issue a loan almost instantly to the borrower via a mobile phone. The technology behind InVenture has been used to develop a smart phone app – Mkopo Rahisi – which enables loans to be approved quickly to small business owners in Kenya.