BFC developed a Credit Scoring methodology for the partner institutions, thus improving the efficiency of loan approval process and maintaining a high quality of the loan portfolio.
BFC overcame the expectations by:
- Developing four hybrid statistical/expert application scorecards as for agricultural enterprises and for non-agricultural enterprises
- Developing policies and guidelines for automatic setting of loan conditions such as loan amount, maturity, and monthly payment
- Providing recommendations on strengthening the IT-system
- Conducting training seminars on the development of scoring system