Tala

Enabling access to credit for the unbanked

Sector(s)
Financial Services
Countries Impacted
India
Cumulative Impact
9000
Women's Economic Power
Yes
Established
2011
Program Year(s)
2012
Operating Status
Operating
Headquarters
Bangalore, India
decent work and economic growth

Description

InVenture's mission is to provide a standardized global credit score for anyone with a mobile phone, thereby increasing efficiency, transparency, and driving down costs of lending. Our first product is InSight, a SMS text-messaging based system that enables individuals to perform basic accounting, demonstrate their creditworthiness, and access financial services. InVenture combines data collected through InSight with demographic data to create dynamic real-time credit scores which are then shared with lenders to help individuals qualify and access financial services.