full transcript
From the Ted Talk by Shivani Siroya: A smart loan for people with no credit history (yet)
Unscramble the Blue Letters
And here's what we saw. So, bad news first. Jenipher had a low savings balance and no periovus loan history. These are factors that would have thowrn up a red flag to a traditional bank. But there were other potins in her history that showed us a much richer picture of her potential. So for one, we saw that she made regular phone calls to her falimy in Uganda. Well, it turns out that the data shwos a four percent increase in repayment among pleope who consistently communicate with a few close cocnatts. We could also see that though she traveled around a lot throughout the day, she actually had pretty regular travel patterns, and she was either at home or at her food stall. And the data shows a six percent icenrase in repayment among customers who are consistent with where they spend most of their time.
Open Cloze
And here's what we saw. So, bad news first. Jenipher had a low savings balance and no ________ loan history. These are factors that would have ______ up a red flag to a traditional bank. But there were other ______ in her history that showed us a much richer picture of her potential. So for one, we saw that she made regular phone calls to her ______ in Uganda. Well, it turns out that the data _____ a four percent increase in repayment among ______ who consistently communicate with a few close ________. We could also see that though she traveled around a lot throughout the day, she actually had pretty regular travel patterns, and she was either at home or at her food stall. And the data shows a six percent ________ in repayment among customers who are consistent with where they spend most of their time.
Solution
- previous
- increase
- shows
- contacts
- thrown
- family
- people
- points
Original Text
And here's what we saw. So, bad news first. Jenipher had a low savings balance and no previous loan history. These are factors that would have thrown up a red flag to a traditional bank. But there were other points in her history that showed us a much richer picture of her potential. So for one, we saw that she made regular phone calls to her family in Uganda. Well, it turns out that the data shows a four percent increase in repayment among people who consistently communicate with a few close contacts. We could also see that though she traveled around a lot throughout the day, she actually had pretty regular travel patterns, and she was either at home or at her food stall. And the data shows a six percent increase in repayment among customers who are consistent with where they spend most of their time.
Frequently Occurring Word Combinations
ngrams of length 2
collocation |
frequency |
credit scores |
4 |
food stall |
3 |
data shows |
3 |
percent increase |
3 |
mobile application |
2 |
emerging markets |
2 |
data points |
2 |
traditional bank |
2 |
repayment rates |
2 |
Important Words
- bad
- balance
- bank
- calls
- close
- communicate
- consistent
- consistently
- contacts
- customers
- data
- day
- factors
- family
- flag
- food
- history
- home
- increase
- jenipher
- loan
- lot
- news
- patterns
- people
- percent
- phone
- picture
- points
- potential
- pretty
- previous
- red
- regular
- repayment
- richer
- savings
- showed
- shows
- spend
- stall
- thrown
- time
- traditional
- travel
- traveled
- turns
- uganda