Shivani Siroya

6 statements across 1 episodes · 1 bullish · 0 bearish · 1 people on the record · first statement Nov 17, 2022 by Shivani Siroya · across every show →

On the record as a speaker too: Shivani Siroya's record, appearances and statements → this page counts the times other people say the name.

Everything said about Shivani Siroya, oldest first

Nov 17, 2022
Disclosure
Siroya charged 5% to 15% interest on her initial personal micro-loans
“It really depended on, you know, what I saw as the tenor of the business. I was really trying to assess how fast did I think that they could actually expand that business, but I would say anywhere between five percent up to about 15%.”
Shivani Siroya Nov 17, 2022 ▶ 12:52 HIBT Lab! Tala: Shivani Siroya
Nov 17, 2022
Disclosure
Siroya personally lent to hundreds to manually test behavioral underwriting
“I decided to become the lender and I lent to SEMA. I started lending to hundreds of other people as well in the community and essentially came up with what I thought the risk calculation would be based on that firsthand or in-person data that I was seeing.”
Shivani Siroya Nov 17, 2022 ▶ 10:11 HIBT Lab! Tala: Shivani Siroya
Nov 17, 2022
Disclosure
Siroya deployed $10,000 of her personal savings to fund early micro-loans
“While I worked at the UN, I was traveling market to market. So I was in a new country every four to five months, and I was lending to people when I was there. And so at that point, I think I was probably about five, 10,000 dollars in.”
Shivani Siroya Nov 17, 2022 ▶ 10:43 HIBT Lab! Tala: Shivani Siroya
Nov 17, 2022
Insight
Lack of data-based identity locks emerging market micro-entrepreneurs out of credit
“What's missing. Really was identity and the ability to prove that potential in a form of data, the same way that you and I have credit scores. That is what I saw was missing in these markets.”
Shivani Siroya Nov 17, 2022 ▶ 6:02 HIBT Lab! Tala: Shivani Siroya
Nov 17, 2022
Assertion Not checkable as stated
Siroya's initial personal micro-loans saw a default rate under 5%
“I had, I would say, a less than five percent default rate.”
Shivani Siroya Nov 17, 2022 ▶ 12:44 HIBT Lab! Tala: Shivani Siroya
Nov 17, 2022 positive
Assertion Not checkable as stated
Tala's micro-loan portfolio is currently profitable
“So when it comes to our portfolio, we are profitable.”
Shivani Siroya Nov 17, 2022 ▶ 27:45 HIBT Lab! Tala: Shivani Siroya
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