We like to talk about algorithms, and big data, and machine learning, but sometimes we’d do well to take a step back and ask about what the business really needs. This is especially true in developing markets, where consultants can forget to bring the organisation along with them when they implement the latest and greatest scoring tech.In this episode 5 of How to Lend Money to Strangers, I speak to Joffre Toerien of Credit Insight Analytics about the lessons he has learned building scorecards for microfinance lenders in Africa and Europe, how he manages the balances between scorecard predictiveness and organisational inertia, and a little bit about lending in Georgia, a country of 4 million nestled between Eastern Europe and Western Asia. You can find a full written transcript of the show, plus articles and more at www.howtolendmoneytostrangers.show/episodesYou can learn more about Joffre and his work at https://www.credit-insight.com/You can learn more about FINCA at https://www.fincaimpact.com/You can learn more about Cardano at https://africa.cardano.org/You can reach me with questions, or to participate on the show by emailing brendan@howtolendmoneytostrangers.show   Our GDPR privacy policy was updated on August 8, 2022. Visit acast.com/privacy for more information.