PyLadies: Financial Inclusion in Africa by PyLadies Ghana
Knowledge
Predict who is most likely to have a bank account
2 data scientists enrolled
Financial ServicesPredictionGood for BeginnersStructured
Ghana
28 November 12:00—5 December
Starts in 30 hours
InfoDataLeaderboard

This is a private hackathon open to PyLadies Ghana participants. Please reach out to John Bagiliko (john.bagiliko@aims-senegal.org) if you would like to participate.

Financial Inclusion remains one of the main obstacles to economic and human development in Africa. For example, across Kenya, Rwanda, Tanzania, and Uganda only 9.1 million adults (or 13.9% of the adult population) have access to or use a commercial bank account.

Traditionally, access to bank accounts has been regarded as an indicator of financial inclusion. Despite the proliferation of mobile money in Africa, and the growth of innovative fintech solutions, banks still play a pivotal role in facilitating access to financial services. Access to bank accounts enable households to save and facilitate payments while also helping businesses build up their credit-worthiness and improve their access to other finance services. Therefore, access to bank accounts is an essential contributor to long-term economic growth.

The objective of this competition is to create a machine learning model to predict which individuals are most likely to have or use a bank account. The models and solutions developed can provide an indication of the state of financial inclusion in Kenya, Rwanda, Tanzania and Uganda, while providing insights into some of the key demographic factors that might drive individuals’ financial outcomes.

About PyLadies Ghana (ghana.pyladies.com)

PyLadies Ghana is Mentor-ship group in Ghana focused on helping more women become active participants and leaders in the Python open-source Community. PyLadies Ghana's mission is to promote the growth of a lively and dynamic community of female users of the Python programming language and to promote the use of the latter. PyLadies Ghana also aims to disseminate the Local Python knowledge to build a stronger developer community. PyLadies Ghana promotes Free and Open Source Software, favors its adoption within the community, and collaborates with community players to achieve this goal.