gfarah

9 ms·

61.
by gfarah 8y ago
Please explain how making lending decisions based upon someone’s planning is somehow worse to you. Our preliminary tests show higher scores to people who by traditional means would have had a tougher time getting access to loans.
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by gfarah 8y ago
We focused on behavioral data. We realized that a solid plan for the the money and how is it lay out, does correlate with a low default rate. We think this is a good way to avoid (or at least minimize) those kinds of proxies you mention.
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by gfarah 8y ago
I just finished building a credit risk ML classifier in the company I work for. The model will be used to define if we lend or not money to people/companies. Adding profiling features does give more accurate predictions. However, I pit
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by gfarah 8y ago
Hi Agustin, living in Colombia it has been impossible for me to purchase selected US stocks/index, even with a large-ish 100K account I got, too much hassle too high fees. I will be looking forward for your launch in Colombia. Addition
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by gfarah 9y ago
Small nitpick, the usage of the term "third world countries" is a bit outdated. A more recent and nicer term is "developing countries" [1]. [1] https://en.wikipedia.org/wiki/Third_World
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by gfarah 9y ago
It would be nice if there was an escrow platform that would pay the applicants for their time if the company failed to give a response in an agreed upon time span. This way, applicants would be compensated for all the time/lost opportu
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by gfarah 9y ago
As a Colombian myself who studied and worked in the US in the past, I can confirm how the focus on money as the principal mean of finding happiness is specially strong in American culture. This distinction I believe, makes it very hard for
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by gfarah 9y ago
I reclude myself and meditate until I start looking at the good things I still got and the good things that can come instead of the bad ones that happened. I force myself into feeling better not by forgetting what happened but by painfully
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by gfarah 9y ago
My coworker has the same characteristics you describe. We work for a startup giving out loans to SMEs who otherwise won't get access to credit in poor parts of Latin America. We both came to work for this company precisely because we w