UmojaHack Zimbabwe: Zimnat Loan Default Prediction by UmojaHack Africa
$1,000 USD
Predict which customers will default on a loan
45 data scientists enrolled, 31 on the leaderboard
Financial ServicesInsurancePredictionStructuredSDG8
Zimbabwe
17 October
9 hours

This is a private hackathon open to UmojaHack Zimbabwe participants. If you are a university student in Zimbabwe and would like to participate, contact Zindi Ambassador Leonard Winter Mutambanengwe.

Giving loans is risky business. And the less you know about what loans will be paid, the harder it will be for you to manage that risk. For this competition, Zimnat has provided a sample dataset of over 12,000 loans, many of them with money overdue. Your challenge is to predict which loans will end in a missed payment, and which will not.

How to prepare for UmojaHack

  1. Add your university to your profile. Watch this YouTube video.
  2. Practice on a challenge and make your first Zindi submission. Watch this YouTube video.
  3. Make a team in preparation for UmojaHack. Watch this YouTube video.

About Zimnat (zimnat.co.zw)

Zimnat has been a leading player in the Zimbabwean life assurance and short-term insurance industries since 1946. For over 70 years, Zimnat has been protecting the assets of Zimbabweans, managing their wealth and ensuring that their assets and funds are passed onto future generations, should that be their wish.

About Data Science Zimbabwe (twitter.com/datasciencezim)

DSZ is a platform for bringing together all those interested in the fields of data science, machine learning and AI as well as other computational technologies, to chart a path for increasing Zimbabwe's capacity to keep up with global advances in technology.

About U.Lab (twitter.com/ulabworks)

U.Lab is an innovation and experimentation lab focused on unlocking the power of deep tech to solve our toughest challenges.