EduFinance aims to empower Financial Institution (FI) partners to build productive, high-quality and sustainable Education Finance portfolios. The FI submits monthly portfolio positions for their School Improvement Loans, School Fee Loans and more, using a template that takes about 15 minutes to fill in on an average month. Through aggregation of data and time series analysis, the team produces a custom nine-page dashboard for each FI, known as the “EdPack”. The analysis covers historical trends in portfolio outstanding, disbursements, risk, sustainability and impact and is presented in an easy-to-understand visual format, facilitating an on-going dialogue with the financial institution. The EdPack highlights areas of strength, flags potential problems and enables timely data-driven decision making. As a core business intelligence tool, the EdPack is also aggregated on a regional and global level and used by Opportunity EduFinance to ensure that financial institutions remain atop not only portfolio financial performance, but social performance as well.
Working closely and often one-on-one with Financial Institutions, EduFinance has used this data to analyze and demonstrate the impact that specific interventions and product design characteristics have on performance for our partners. This helps build internal capacity, test new ideas, and facilitates valuable exchanges between financial institutions in different geographies to address common problems that Education Finance managers face throughout the world. We also have conducted work with certain partners to build a credit-scoring algorithm, which uses machine learning and vast historical data to drive better lending decisions.