Case study: Credit Scoring – Leveraging the power of collective wisdom for regional lending
Abstract: An African lender operating in 11 countries (13 operations) developed the need to introduce credit scoring into their businesses for the first time. There were many challenges. Firstly, conducting 14 separate scoring projects (each requiring multiple scorecards) would be expensive and secondly, some books were too small to support the building of an individual bespoke scorecard. There was however a solution: The African Master Scorecard. The solution was successfully deployed within Principa’s SmartSuite and this paper tells the story.