Developing a “Propensity to Succeed Profile” for Young People
Area of Work:Machine Learning & Artificial Intelligence; Quantitative Analytics; Entrepreneurship & Livelihoods;
Key Partners/Clients:Well Told Story (WTS)
BFA Global worked with Well Told Story (WTS) to review data to predict a young person’s propensity to succeed. BFA Global explored the data for trends and patterns for indicators that could be associated with success. We then followed-up with a validation exercise to confirm the buckets of profiles and associated indicators. In the end, a “ propensity to succeed profile” was developed that WTS and its partners could use to develop financial products for the young person. The profiles were then tested with several FSPs during a design sprint to get the FSPs reactions and to further tailor the profiles to meet the FSPs needs.