A smart loan for people with no credit history (yet) | Shivani Siroya | TED Talk

Shivani Siroya’s TED Talk ‚ÄúA smart loan for people with no credit history (yet)” presents a new start-up aiming to unlock untapped purchasing power in the developing world. Learn about the problems with using credit scores alone to determine who should receive loans, and a new finance app that is analyzing other data to foster trust between potential lenders and banks. Siroya’s case study shows how new, smart loans can help people in the developing world take control of their personal finances--and play a role in positive social change.