A Credit Score System for Socially Responsible Lending

Gutiérrez-Nieto, B. (Universidad de Zaragoza) ; Serrano-Cinca, C. (Universidad de Zaragoza) ; Camón-Cala, J. (Universidad de Zaragoza)

Resumen: Ethical banking, microfinance institutions or certain credit cooperatives, among others, grant socially responsible loans. This paper presents a credit score system for them. The model evaluates social and financial aspects of the borrower. The financial aspects are evaluated under the conventional banking framework, by analysing accounting statements and financial projections. The social aspects try to quantify the loan impact on the achievement of Millennium Development Goals such as employment, education, environment, health or community impact. The social credit score model should incorporate the lender’s know-how and should also be coherent with its mission. This is done using Multi-Criteria Decision Making (MCDM). The paper illustrates a real case: a loan application by a social entrepreneur presented to a socially responsible lender. The decision support system not only produces a score, but also reveals strengths and weaknesses of the application.

Idioma: Inglés

DOI: 10.1007/s10551-014-2448-5

Año: 2016

Publicado en: JOURNAL OF BUSINESS ETHICS 133, 4 (2016), 691-701
ISSN: 0167-4544

Factor impacto JCR: 2.354 (2016)

Categ. JCR: ETHICS rank: 2 / 51 = 0.039 (2016) - Q1 - T1
Categ. JCR: BUSINESS rank: 53 / 121 = 0.438 (2016) - Q2 - T2

Factor impacto SCIMAGO: 1.427 - Arts and Humanities (miscellaneous) (Q1) - Business and International Management (Q1) - Law (Q1) - Economics and Econometrics (Q1) - Business, Management and Accounting (miscellaneous) (Q1)

Financiación: info:eu-repo/grantAgreement/ES/DGA/S14-3
Financiación: info:eu-repo/grantAgreement/ES/MICINN/ECO2010-20228
Financiación: info:eu-repo/grantAgreement/ES/MINECO/ECO2013-45568-R

Tipo y forma: Artículo (PostPrint)

Área (Departamento): Área Organización de Empresas (Dpto. Direcc.Organiza.Empresas)
Área (Departamento): Área Economía Finan. y Contab. (Dpto. Contabilidad y Finanzas)