G2

Mathilde N.

Senior Director of Corporate Credit Risk & Financial Strategy

Banking

Enterprise (> 1000 emp.)

1/9/2024

"Lending in Microfinance: Navigating Risk"

4.5/5

What do you like best about Microfinance Software?

Microfinance Software has a major strength in its customizable risk rating models, which enable granular credit assessment. Our software allows for the exact combinations of financial metrics, business performance indicators, and qualitative factors that suit our lending methodology to be dialed in. This configurability results in highly tailored scoring that truly reflects client risk profiles. The platform is an indispensable tool for making sound credit decisions, backed by targeted risk assessment models. Review collected by and hosted on G2.com.

What do you dislike about Microfinance Software?

I noticed that the integration of external data feeds, such as credit bureaus, into the models needs improvement. Although Microfinance Software offers flexibility for custom risk algorithms, I believe that incorporating additional data could enhance risk management capabilities even further. Building connectors to third-party data sources would be impactful and could help us achieve our goals. Review collected by and hosted on G2.com.

What problems is Microfinance Software solving and how is that benefiting you?

After evaluating different solutions, I found the Microfinance Software platform to be an essential tool for managing microlending operations. It's great for navigating the intricate risk management needs of microlending and has become deeply embedded in our workflows. For example, I wanted to help our customers during a recent climate event that threatened loan repayment in parts of our region. So, I used the software's geospatial modeling to measure portfolio exposure and anticipate issues. This allowed us to preserve capital and assist our customers during the crisis. Additionally, I detected an anomaly using the early warning triggers for delinquency and reached out to the client to understand the emerging challenges. We restructured our loan to match our altered cash flows, which helped avoid a damaging default. Review collected by and hosted on G2.com.