Professional Documents
Culture Documents
Hackathon Presentation - : by Dhruba Barman
Hackathon Presentation - : by Dhruba Barman
- by Dhruba Barman
Problem Statement
● Financing or loans are essential for any community, today Banks are
desperate to provide loans to individuals having good tracking
financial/credit history. But many people are not part of this system, they
don't have trackable financial history and thus Banks are reluctant to
offer loans to them. And these people are often exploited by local
untrustworthy lenders
● This challenge is to predict loan pay-ability using various statistical and
machine learning methods
Why solve this problem?
- Business Impact
- Control losses
- Better fund management
- Timely services to customer
Data
Currentdataset:
● TARGET Status ( 0 for no claim and 1 for Claim)