Fundacion Génesis Empresarial Sees 3x Lower Loan Defaults After Using

Alternative Credit Data by Innovative Assessments

Guatemala City, Guatemala, April 14, 2021 --(PR.com)-- Fundación Génesis Empresarial has partnered
with IAssessments to assist in their risk assessments and loan origination processes.

Génesis Empresarial, a Guatemala based foundation specialized in economic and social development,
originally tested Worthy Credit during 2018. They have been actively using the solution for the past two
years, specifically in their rural segments as an innovative tool for assessing risk amongst underbanked
individuals and reducing credit delinquency levels.

According to Génesis’ Risk Manager Eddy Ronaldo Alvarez: “After testing thousands of customers, we
are very satisfied with the performance of Worthy Credit, which has resulted in 3 times lower defaults.”

Dr. Saul Fine, IA’s Cofounder & CEO, comments: “We are thrilled about our continued collaboration
with an organization that understands and promotes social and financial development as Fundación
Génesis Empresarial does. We hope to continue working together and seeing great results for years to
come.”

About Fundación Génesis Empresarial

Génesis is a non-profit Guatemalan foundation specialized in economic and social development; it
combines its extensive experience in microfinance and business development services with a social
approach, as a means to achieve its objectives of sustained development. Génesis specializes in granting
productive loans: Loans to invest in new businesses, home improvement, loans to increase agricultural
production, and to continue technical and university studies. https://www.genesisempresarial.org/

About Innovative Assessments

Innovative Assessments (IA) is a fintech company that uses psychometrics to assess creditworthiness
based on a borrower’s personal character. IA’s solution, Worthy Credit, augments traditional credit
scores, and helps lenders from around the world to increase loan approvals among marginal and
underbanked customers. https://www.iassessments.com

Media Contact @Génesis:

Adela Sagastume de Rizzo
Social Development and Public Relations Manager
arizzo@genesisempresarial.com

Media Contact @IA:

Mati Malamud
Head of Operations
mati@iassessments.com

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Contact Information:
Innovative Assessments
Mati Malamud
+972-54-456-4776
Contact via Email
Génesis Empresarial:
Adela Sagastume de Rizzo
Social Development and Public Relations Manager
arizzo@genesisempresarial.com

Online Version of Press Release:

You can read the online version of this press release at: https://www.pr.com/press-release/834461

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