UmojaHack Africa 2021 challenge 3: If you were in an emergency and needed to make a payment within the next month, can you?
Financial resilience is the ability to withstand and recover from temporary, unexpected life events that can cause financial hardship.
Can you determine if an individual is financially resilient?
Build a machine learning model to predict which individuals across Africa and around the world are most likely to be financially resilient or not.
The solution should provide insight into people’s financial behaviors and resilience, which can help financial services providers including insurance companies and banks tailor their services to give their clients the best chance possible to achieve financial resilience.
The error metric for this competition is the Area Under the Curve (AUC).
Setting thresholds or rounding probabilities was not done so as to ensure the client receives the best solution and set threshold for their own needs.