Diagnostic on cross-border data flows and use of alternative data to facilitate access to credit


  • SOLICITATION NUMBER: 0002000040
  • INSTITUTION:  IFC
  • ASSIGNMENT LOCATION: Republic of Uganda
  • ISSUE DATE AND TIME: Feb 13,2023 05:00
  • CLOSING DATE AND TIME: Mar 10,2023 04:59

IFC is looking for a qualified firm to conduct a diagnostic on the feasibility of cross border data flows and use of alternative data to facilitate access to credit for forcibly displaced persons. This study will focus on Uganda as a pilot for the East and Horn of Africa region.  The objective of this study is two-fold: 1.       Assess the feasibility of cross border data sharing to promote credit inclusion of refugees. Specifically, the study will help IFC to:*         Map the potential data corridors in the EHA region to and from Uganda;*         Identify regulatory and credit infrastructure barriers and enablers;*         Identify the various cross border information sharing and models;*         Understand the operational, practical, legal, and regulatory constraints to cross border data sharing and use of alternative data; and *         Recommend the most active corridor and feasibility of cross border transfer of data.2.       Assess the landscape of alternative data as relates to refugees. Specifically, the study will help IFC to:*         Map the alternative data points generated by refugees, including the data sources, distinguishing between data already in use and data to be collected;*         Identify enablers and challenges in collection and integration of alternative data into existing credit reporting systems;*         Identify legal and regulatory constraints to the collection and sharing of alternative data including the data protection, privacy, and confidentiality concerns of the refugees; and *         Develop recommendations on alternative data that can be leveraged, including key markets.

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