Digital Financial Inclusion for Women Entrepreneurs in Nepal

This ADB Fintech Innovation Challenge aims to identify and select a solution that enables a financial institution to i) analyze alternative data points more efficiently, ii) view real time insights seamlessly, and iii) improve existing or establish an alternative credit scoring model with the objective to expand lending to women-owned small- and medium-sized enterprises (WSMEs) in Nepal.

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SELECTION CRITERIA

The projects will be assessed following the criteria below:

  • Technology (35%) - The extent to which the solution is easy to use and intuitive as well as how well it solves the problem statement using an innovative approach coupled with great design.

  • Presentation and scope of work (30%) - The extent to which the technology solution can contribute to improving FIs’ credit scoring of WSMEs using alternative data points and increasing their access to finance in Nepal.

  • Impact and results (35%) - The viability and feasibility of the technological solution from a technical, economic, and social context to be scaled-up.