TY  - GEN
AU  - Coli, Pedro
AU  - Pflueger, Caroline
AU  - Campbell, Tyler
ED  - Nalesso, Mauro
ED  - Sasaki, Keisuke
ED  - Garcia, L. Javier
TI  - Blockchain Uses for Microfinance Institutions in the Water and Sanitation Sector: Pilot Study
PY  - 2021
Y1  - 2021/05/17
DO  - 10.18235/0003273
AB  - Microfinance Institutions (MFIs) are organizations that provide small loans to borrowers who typically lack collateral, steady employment, or a verifiable credit history and therefore do not have access to traditional commercial banking. Blockchain technology could be used to create a more holistic view of the financial position of a potential borrower, which could result in better lending decisions. This study explores how blockchain technology has the potential to assist Microfinance Institutions in the water and sanitation sector through a pilot project developed in Peru. The improvements seen in the existing microfinance ecosystem during the implementation of the blockchain platform can be sorted into two main groups: improved institutional performance, and data ownership for the individuals.
UR  - https://doi.org/10.18235/0003273
ER  -