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Data Analysis to Create Microfinance Solutions for Vulnerable Populations
In a world where information multiplies daily, the proper use of data has become a tool to fight poverty. This was highlighted by the BBVA Microfinance Foundation (BBVAMF) at the event “Datos que mejoran vidas” (Data That Improves Lives).
The BBVAMF supports more than three million vulnerable entrepreneurs in five Latin American countries.
The BBVAMF’s more than 4,000 credit analysts collect information on housing, health, education, access to clean water, Internet and the way households manage their finances from the entrepreneurs they support when they visit them, even in remote areas.