메뉴 건너뛰기




Volumn 40, Issue 1, 2013, Pages 356-364

Credit scoring models for the microfinance industry using neural networks: Evidence from Peru

Author keywords

Classification rules; Linear discriminant analysis; Logistic regression; Microfinance institutions; Multilayer perceptron; Quadratic discriminant analysis

Indexed keywords

CLASSIFICATION RULES; LINEAR DISCRIMINANT ANALYSIS; LOGISTIC REGRESSIONS; MICROFINANCE; MULTI LAYER PERCEPTRON; QUADRATIC DISCRIMINANT ANALYSIS;

EID: 84866102435     PISSN: 09574174     EISSN: None     Source Type: Journal    
DOI: 10.1016/j.eswa.2012.07.051     Document Type: Article
Times cited : (147)

References (46)
  • 1
    • 0031521799 scopus 로고    scopus 로고
    • Analyzing credit risk data: A comparison of logistic discriminant classification tree analysis and feedforward networks
    • G. Arminger, D. Enache, and T. Bonne Analyzing credit risk data: A comparison of logistic discriminant classification tree analysis and feedforward networks Computational Statistics 12 1997 293 310
    • (1997) Computational Statistics , vol.12 , pp. 293-310
    • Arminger, G.1    Enache, D.2    Bonne, T.3
  • 4
    • 0003221505 scopus 로고
    • A comparison of discriminations under alternative definitions of credit default
    • L.C. Thomas, J.N. Crook, D.B. Edelman, Oxford University Press Oxford
    • J.N. Crook, R. Hamilton, and L.C. Thomas A comparison of discriminations under alternative definitions of credit default L.C. Thomas, J.N. Crook, D.B. Edelman, Credit scoring and credit control 1992 Oxford University Press Oxford 217 245
    • (1992) Credit Scoring and Credit Control , pp. 217-245
    • Crook, J.N.1    Hamilton, R.2    Thomas, L.C.3
  • 7
    • 0030291564 scopus 로고    scopus 로고
    • A comparison of neural networks and linear scoring models in the credit union environment
    • V.S. Desai, J.N. Crook, and G.A. Overstreet A comparison of neural networks and linear scoring models in the credit union environment European Journal of Operational Research 95 1 1996 24 37
    • (1996) European Journal of Operational Research , vol.95 , Issue.1 , pp. 24-37
    • Desai, V.S.1    Crook, J.N.2    Overstreet, G.A.3
  • 10
    • 0001106153 scopus 로고
    • Problems in applying discriminant analysis in credit scoring models
    • R. Eisenbeis Problems in applying discriminant analysis in credit scoring models Journal of Banking and Finance 2 3 1978 205 219
    • (1978) Journal of Banking and Finance , vol.2 , Issue.3 , pp. 205-219
    • Eisenbeis, R.1
  • 11
    • 0040453788 scopus 로고    scopus 로고
    • Statistical classification methods in consumer credit scoring: A review
    • D.J. Hand, and W.E. Henley Statistical classification methods in consumer credit scoring: A review Journal of the Royal Statistical Society, Series A 160 3 1997 523 541
    • (1997) Journal of the Royal Statistical Society, Series A , vol.160 , Issue.3 , pp. 523-541
    • Hand, D.J.1    Henley, W.E.2
  • 15
    • 84978600970 scopus 로고
    • Multivariate normality and forecasting of business bankruptcy
    • G. Karels, and A. Prakash Multivariate normality and forecasting of business bankruptcy Journal of Business Finance Accounting 14 4 1987 573 593
    • (1987) Journal of Business Finance Accounting , vol.14 , Issue.4 , pp. 573-593
    • Karels, G.1    Prakash, A.2
  • 16
    • 0242351905 scopus 로고    scopus 로고
    • Financial time series forecasting using support vector machines
    • K.J. Kim Financial time series forecasting using support vector machines Neurocomputing 55 1-2 2003 307 319
    • (2003) Neurocomputing , vol.55 , Issue.12 , pp. 307-319
    • Kim, K.J.1
  • 17
    • 70349453862 scopus 로고    scopus 로고
    • Support vector machines for default prediction of SMEs based on technology credit
    • H.S. Kim, and S.Y. Sohn Support vector machines for default prediction of SMEs based on technology credit European Journal of Operational Research 201 3 2010 838 846
    • (2010) European Journal of Operational Research , vol.201 , Issue.3 , pp. 838-846
    • Kim, H.S.1    Sohn, S.Y.2
  • 19
    • 17844382437 scopus 로고    scopus 로고
    • A two-stage hybrid credit scoring model using artificial neural networks and multivariate adaptive regression splines
    • T.S. Lee, and I.F. Chen A two-stage hybrid credit scoring model using artificial neural networks and multivariate adaptive regression splines Expert Systems with Applications 28 4 2005 743 752
    • (2005) Expert Systems with Applications , vol.28 , Issue.4 , pp. 743-752
    • Lee, T.S.1    Chen, I.F.2
  • 21
    • 0036027367 scopus 로고    scopus 로고
    • Differentiating between good credits and bad credits using neuro-fuzzy systems
    • R. Malhotra, and D.K. Malhotra Differentiating between good credits and bad credits using neuro-fuzzy systems European Journal of Operational Research 136 1 2002 190 211
    • (2002) European Journal of Operational Research , vol.136 , Issue.1 , pp. 190-211
    • Malhotra, R.1    Malhotra, D.K.2
  • 22
    • 84990557166 scopus 로고
    • Combining neural networks and statistical predictions to solve the classification problem in discriminant analysis
    • I.S. Markham, and C.T. Ragsdale Combining neural networks and statistical predictions to solve the classification problem in discriminant analysis Decision Sciences 26 2 1995 229 242
    • (1995) Decision Sciences , vol.26 , Issue.2 , pp. 229-242
    • Markham, I.S.1    Ragsdale, C.T.2
  • 24
    • 0000666375 scopus 로고
    • Financial ratios and the probabilistic prediction of bankruptcy
    • J.A. Ohlson Financial ratios and the probabilistic prediction of bankruptcy Journal of Accounting Research 18 1 1980 109 131
    • (1980) Journal of Accounting Research , vol.18 , Issue.1 , pp. 109-131
    • Ohlson, J.A.1
  • 25
    • 84990585716 scopus 로고
    • Two-group classification using neural networks
    • E. Patuwo, Y.H. Michael, and S.H. Ming Two-group classification using neural networks Decision Sciences 24 4 1993 825 845
    • (1993) Decision Sciences , vol.24 , Issue.4 , pp. 825-845
    • Patuwo, E.1    Michael, Y.H.2    Ming, S.H.3
  • 26
    • 0032749972 scopus 로고    scopus 로고
    • Financial credit-risk evaluation with neural and neurofuzzy systems
    • S. Piramuthu Financial credit-risk evaluation with neural and neurofuzzy systems European Journal of Operational Research 112 2 1999 310 321
    • (1999) European Journal of Operational Research , vol.112 , Issue.2 , pp. 310-321
    • Piramuthu, S.1
  • 27
    • 84866111840 scopus 로고    scopus 로고
    • A credit scoring model for institutions of microfinance under the Basel II normative
    • S. Rayo, J. Lara, and D. Camino A credit scoring model for institutions of microfinance under the Basel II normative Journal of Economics, Finance & Administrative Science 15 28 2010 89 124
    • (2010) Journal of Economics, Finance & Administrative Science , vol.15 , Issue.28 , pp. 89-124
    • Rayo, S.1    Lara, J.2    Camino, D.3
  • 28
    • 15944379834 scopus 로고
    • An examination of the conceptual issues involved in developing credit-scoring models
    • A.K. Reichert, C.C. Cho, and G.M. Wagner An examination of the conceptual issues involved in developing credit-scoring models Journal of Business and Economic Statistics 1 2 1983 101 114
    • (1983) Journal of Business and Economic Statistics , vol.1 , Issue.2 , pp. 101-114
    • Reichert, A.K.1    Cho, C.C.2    Wagner, G.M.3
  • 29
    • 0031814558 scopus 로고    scopus 로고
    • How to lend like mad and make a profit: A micro-credit paradigm versus the start-up fund in South Africa
    • J. Reinke How to lend like mad and make a profit: A micro-credit paradigm versus the start-up fund in South Africa Journal of Development Studies 34 3 1998 44 61
    • (1998) Journal of Development Studies , vol.34 , Issue.3 , pp. 44-61
    • Reinke, J.1
  • 32
    • 36349022067 scopus 로고    scopus 로고
    • Scoring arrears at a microlender in Bolivia
    • M. Schreiner Scoring arrears at a microlender in Bolivia Journal of Microfinance 6 2 2004 65 88
    • (2004) Journal of Microfinance , vol.6 , Issue.2 , pp. 65-88
    • Schreiner, M.1
  • 33
    • 0031433770 scopus 로고    scopus 로고
    • Repayment performance in group-based credit programs in Bangladesh: An empirical analysis
    • M. Sharma, and M. Zeller Repayment performance in group-based credit programs in Bangladesh: An empirical analysis World Development 25 10 1997 1731 1742
    • (1997) World Development , vol.25 , Issue.10 , pp. 1731-1742
    • Sharma, M.1    Zeller, M.2
  • 36
    • 0000393458 scopus 로고
    • Feedforward neural nets as models for time series forecasting
    • Z. Tang, and P.A. Fishwick Feedforward neural nets as models for time series forecasting ORSA Journal on Computing 5 4 1993 374 385
    • (1993) ORSA Journal on Computing , vol.5 , Issue.4 , pp. 374-385
    • Tang, Z.1    Fishwick, P.A.2
  • 38
  • 40
    • 0027868789 scopus 로고
    • Credit scoring model for development banks: An African case study
    • L.A. Viganò Credit scoring model for development banks: An African case study Savings and Development 17 4 1993 441 482
    • (1993) Savings and Development , vol.17 , Issue.4 , pp. 441-482
    • Viganò, L.A.1
  • 41
    • 0242540029 scopus 로고    scopus 로고
    • Microfinance in times of crisis: The effects of competition, rising indebtness, and economic crisis on repayment behaviour
    • U. Vogelgesang Microfinance in times of crisis: The effects of competition, rising indebtness, and economic crisis on repayment behaviour World Development 31 12 2003 2085 2114
    • (2003) World Development , vol.31 , Issue.12 , pp. 2085-2114
    • Vogelgesang, U.1
  • 42
    • 33746454738 scopus 로고    scopus 로고
    • KlaR. Analyzing German business cycles
    • D. Baier, R. Decker, L. Schmidt-Thieme, Springer-Verlag Berlin
    • C. Weihs, U. Ligges, K. Luebke, and N. Raabe klaR. Analyzing German business cycles D. Baier, R. Decker, L. Schmidt-Thieme, Data analysis and decision support 2005 Springer-Verlag Berlin 335 343
    • (2005) Data Analysis and Decision Support , pp. 335-343
    • Weihs, C.1    Ligges, U.2    Luebke, K.3    Raabe, N.4
  • 43
    • 0034118581 scopus 로고    scopus 로고
    • Neural network credit scoring models
    • D. West Neural network credit scoring models Computers and Operations Research 27 11-12 2000 1131 1152
    • (2000) Computers and Operations Research , vol.27 , Issue.1112 , pp. 1131-1152
    • West, D.1
  • 44
    • 0001242140 scopus 로고
    • Time series forecasting using backpropagation neural networks
    • F.S. Wong Time series forecasting using backpropagation neural networks Neurocomputing 2 1991 147 159
    • (1991) Neurocomputing , vol.2 , pp. 147-159
    • Wong, F.S.1
  • 45
    • 0031664616 scopus 로고    scopus 로고
    • Determinants of repayment performance in credit groups: The role of program design, intra-group risk pooling, and social cohesion
    • M. Zeller Determinants of repayment performance in credit groups: The role of program design, intra-group risk pooling, and social cohesion Economic Development and Cultural Change 46 3 1998 599 620
    • (1998) Economic Development and Cultural Change , vol.46 , Issue.3 , pp. 599-620
    • Zeller, M.1


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.