Department of Agricultural Economics and Rural Development, University of Goettingen, Goettingen, Germany.
PLoS One. 2021 Jul 23;16(7):e0255215. doi: 10.1371/journal.pone.0255215. eCollection 2021.
Digital credit is a recent innovation that raises hopes of improving credit access in developing countries. However, up until now, empirical research on the extent to which digital credit actually reaches people who are otherwise excluded from conventional credit markets and whether increased credit access is sustainable or threatened by high default and blacklisting rates is very scarce. Using representative data from Kenya, this article shows that digital credit increases borrowing opportunities, including for people less likely to otherwise have credit access in the conventional credit markets. However, we find that digital credit borrowing is also responsible for 90% of all blacklistings, which is partially driven by higher default rates in the digital credit market but also by a higher probability that digital credit defaults lead to blacklisting of the borrower, compared to defaults in other credit markets.
数字信贷是一种新兴创新，有望改善发展中国家的信贷获取渠道。然而，到目前为止，关于数字信贷实际上在多大程度上能够覆盖那些原本被传统信贷市场排斥的人群，以及增加的信贷获取是否可持续，或者是否受到高违约和黑名单率的威胁的实证研究非常稀缺。本文利用肯尼亚的代表性数据表明，数字信贷增加了借款机会，包括那些在传统信贷市场中不太可能获得信贷的人。然而，我们发现数字信贷借款也导致了 90%的黑名单，这部分是由于数字信贷市场的违约率较高，但也由于与其他信贷市场相比，数字信贷违约更有可能导致借款人被列入黑名单。
