๐ฐ News10 March 2026ยท2 min readยท
Machine Learning Could Unlock Credit for SA Small Businesses
Source: it-news-africa
Over 85% of small businesses in South Africa seeking funding have turnovers under R1 million and face the highest rejection rates from traditional credit scoring models. Machine learning is being explored as a tool to broaden credit access for underserved entrepreneurs. Globally, more than one billion adults remain excluded from formal credit systems, making alternative scoring methods increasingly critical.
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