CGAP Analyzes Creditworthiness in Bangalore
On a recent visit to Bangalore, India, CGAP worked with Janalakshmi Financial Services to deepen their understanding of microentrepreneurs through research and qualitative discussions. They found that the conventional measures used to assess larger businesses, such as formal credit history, the enterprise’s size and the number of years it has been in business, often incompletely assess the business acumen of microentrepreneurs.