EIF Working Paper 2023/88, Fairness in algorithmic decision systems: a microfinance perspective

The paper discusses fairness in AI-enabled credit-scoring systems. By means of a case study, focusing on a European non-profit microfinance organisation, it unveils the typical challenges associated with implementing fairness principles in practice.

This Working Paper is the first paper resulting from a research project on “Strengthening Financial Inclusion through Digitalisation” (SFIDE), initiated by EIF’s RMA division. The project is funded by the EIB Institute under the EIB-University Sponsorship Programme (EIBURS).  It aims to investigate the potential of technological and financial innovation to increase the efficiency of the inclusive finance sector, through the identification and promotion of best practices.

The EIF Working Papers are designed to make available to a wider readership selected topics and studies in relation to EIF´s business. The Working Papers are edited by EIF's Research & Market Analysis and are typically authored or co-authored by EIF staff or are written in cooperation with EIF.