Study Overview
This research project aims to analyze discrimination dynamics faced by international migrants when applying for loans in Colombia’s informal economy. Working in collaboration with Galgo, a Fintech company operating in Latin America, the project examines how innovative scoring methods can assess credit risks for both native and immigrant populations. The project then seeks to evaluate the impact of Galgo’s loan program on various outcomes, including financial behavior, repayment rates, labor market participation, income, and overall wellbeing. This research intends to contribute to the development economics literature by addressing topics such as discrimination in credit markets, economic impacts of migration, productivity of microcredit loans, and financial inclusion of underserved populations.
Study Results
Pending
Intervention: Innovative credit scoring
Research Partner: La Universidad Adolfo Ibáñez (UAI)
Intervention Partner: Galgo
IBSI Funding Acknowledgement: Lab for Inclusive FinTech (LIFT)