Digital Credit: A Fast-Moving Global Trend

This series shares new insights on digital credit, a fast-moving area in financial product innovation. In this series, we highlight the new Introduction to Digital Credit materials developed by CGAP, along with experiments and insights from case studies underway.

digital credit word cloud
06 December 2016
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In emerging markets, policy-makers have often struggled to keep pace with the rapid growth of digital credit. With the establishment of consumer protection authorities unlikely in the short term, here are three steps policy-makers can take now to protect consumers.
Man stands outside small shop, Kenya
24 October 2016
Digital credit is on the rise in Kenya. While digital lenders are expanding access to credit for many Kenyans, they are operating outside regulation by any financial sector authority–and some key consumer protection concerns have started to emerge.
Digital credit graphic showing loan size and term
08 August 2016
Digital credit is disbursed and recovered rapidly, often in 30 days or less, and generally with loan amounts smaller than conventional credit or micro-lending. CGAP built a digital credit financial model to investigate the basic financial dynamics of loan portfolios made up of short-term, small loans.
Woman looks at a smartphone near a river, India
02 August 2016
In India, loans often require extensive application processes or participation in a joint liability group. A pioneering digital loan provided by Suvidhaa Infoserve and Axis Bank is changing the financial services landscape.
Graphic illustrating how digital credit works
27 July 2016
In the growing field of digital credit, CGAP research has found exciting innovations along with fundamental miscalculations. CGAP's self-directed course, "An Introduction to Digital Credit," presents key lessons for practitioners, regulators and others with an interest in digital credit.