Personal Equity: Quantifying Individual Activity to Price Risk
Winston Osuchukwu
For decades, credit risk assessment in Nigeria has rested on an incomplete foundation. Lenders—whether deposit money banks, microfinance institutions, or digital finance operators—price credit largely on the basis of data they alone have collected about a borrower.
This institutional insularity is often deliberate, and it costs the Nigerian borrower dearly. The concept we advance here, Personal Equity, challenges this status quo at its root.
What is Personal Equity?
