AI For Sustainable Financial Inclusion
AI For Sustainable Financial Inclusion
AI For Sustainable Financial Inclusion
NOTICE: The contents of this document are CONFIDENTIAL and may not be shared with ANY third-party without the express, written consent of Lokyata Inc.
About Lokyata
❖ Nia sees a message on her phone for a new bank loan program and decides to try it!
❖ Lokyata gives loan decision to the bank. She is eligible for her first loan!
❖ In 2 minutes, Nia gets the funds she needs transferred to her mobile wallet.
❖ Today, Nia has applied for over 5 loans and is thinking of scaling her business.
Success Story in Madagascar
April 2018
Lokyata opens the door for underbanked
customers – with a Loan Decision,
Wallet Engagement and Analytics
Local Bank
Partner Partner
3.5 + 180 +
10 X Million Loans Scored 1.0 +
Million Loans Disbursed
Thousand Clients Impacted
S tat i st i ca l Re g re s s i o n
Variables 1
Variables 1…1…
Variables nn
Variables 1…
Decision Codes
TransparentAI
Variables 2 Credit Score
Variables
Variables1…
1…nn
Bureau Variables 1… n Sub Scores
Grantable Amount
Factor Multiplier Risk-based Loan Features
699.45
Variables 3
Variables 1… n
Variables
Variables1…
1…nn
Industry/sector
Variables 4
Variables
Variables1… n n
Variables1…
1… n
other
1000s of features created from existing raw variables |Automated feature creation| Train multiple models and evaluate
each one| Select the best performing model given the available data and business goals| Monitor & finetune models
Executed on Lokyata’s API-First Platform
Customer Lender
What’s Unique?
Creates Multidimensional Customer Profiles
Demographic Economic
• Identifiers (IDs, DOB, etc.) • Macro
• Personal (Gender, Marital • Micro
status, etc.) • Geopolitical
• Education & literacy • Industry/Sector
• Location • Commodities
• Forex/Currency
Borrower Score
746.4/1,000
B9 Credit Behaviour
Outcome (Score)
430/1,000
B9 Credit Behaviour
Outcome
❖ Multi-dimensional Customer Profile created using any and all data available on a customer
❖ AI-driven methodology enables identifying all possible relationships between variables to create a comprehensive data profile
Decision Codes
✓ Transparent decision
codes at a customer
loan level
✓ Allows comparison of
customer profiles to
similar profiles to
ensure that decisions
are more accurate and
reliable
✓ Visibility on factors that
impact a customer
profile negatively or
positively to enable
customized customer
engagement
AI Scoring is only one element of the lending decision
Digital Micro
Predictive Analytics
Powered by AI
Track historical performance and use Lokyata’s financial modeling to forecast Track custom financial inclusion metrics which are most important to you directly
future performance under multiple scenarios through customer data (i.e. digital payments)
Track fair lending outcomes. Shown here is an
application distribution and approval rate
distribution for various demographic categories
01 02 03
AI algorithms perform Predictive AI based models have already been
AI approaches are dynamic and analysis. Models are constantly perfected and are the way forward.
objective. fine-tuned to accurately predict Early adoption is a strategic
Identifies new insights from outcomes on newer market decision that will provide
existing data. segments or geographies. competitive edge !
04 05 06
The benefits of an AI driven model Lokyata designs Custom AI/ML models look at thousands of
far outweigh the investment. Models and Data Strategy with inter relations and provide
Lokyata provides its AI platform at a as little data as available objective decisions. Start with any
low upfront cost and a pay as you utilizing our Expert → Hybrid data and build and improve from
grow subscription model. real-time data and outcomes.
→ ML model design approach.
Simplifying the Journey to Launch!
1
3 5
2 Raw Data
8 Models
Schemas
2 APIs
2 Launch
Weeks Weeks Weeks Weeks
4
2
Thank You!