Dear all, The following chart tracks the evolution of the on-time repayment rate of both first installments, and all installments up until today's date, of loans disbursed during each week during the previous year. It is intended to help estimate the fluctuations in credit risk of loans issued through Zidisha over time. The on-time repayment rate is defined more strictly here than the rates published on borrowers' profile pages, in order to allow for more immediate feedback on the variation in on-time repayment rates for recently disbursed loans. Only repayments that are made in full within 24 hours of the due date are counted as on time. Tracking the on-time repayment rate of the first installment only is intended to control for any tendency of on-time repayment rates to increase or decrease with time. In practice, the on-time repayment rate of the first installment correlates with the on-time repayment rate over time. The most recent data, for loans issued in late December / early January, measures the on-time repayment rate of the loans issued under our most recent criteria, including weekly installments for most countries, and no scanned document upload requirements for new borrowers. Thus far, on-time repayment rates have not declined as a result of these changes. Please post comments and questions in this thread. I look forward to the opportunity to discuss further.