Tag Archives: Microfinance

EFL – Expanding banking services to the poor with psychometric testing

EFL_logo

A post surfaced across my Facebook feed today highlighting the 2012 results of an organization started by another classmate and friend of mine.  It is a very interesting organization doing cutting edge work in behavioral finance and microfinance and well worth examining here.  In fact Entrepreneurial Finance Lab (EFL) which has built a psychometric testing methodology to measure the credit worthiness of the unbanked has been so innovative last year it won the G-20 SME Finance Challenge,  has also been featured in global media giants like the Financial Times and partnered with the likes of the IFC and Aspen Network of Entrepreneurs.  

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