Recordent launches MFI credit registry to curb over-indebtedness

Fintech company Recordent has launched a shared credit information platform for not-for-profit microfinance institutions (MFIs), aiming to help…

The MFI Credit Registry will allow Section 8 MFIs—non-profit lenders that provide small-ticket loans primarily to low-income households—to share borrower loan and repayment data.