Four young scientists, accompanied by Eskom Expo’s Business Manager, Mmamoloko Rancia Riba, won their place to represent the country at the Indonesia competition, renowned…
EFL uses psychometrics to give entrepreneurs access to bank loans
One of the greatest challenges for almost every entrepreneur worldwide is access to financing.
There’s a very logical reason for why this is the case: loans — at least those from traditional institutions such as banks — are given out based on a number of metrics such as credit rating, financial records, proof of income, collateral — basically historical evidence as to whether someone has the ability to pay back a loan.