Avonet

Avonet is a software solution provider that specializes in microloan systems. Since there are many defaulters in the microloan scheme, it is essential to predict them at the early stage so that banks can take necessary actions.

From the department of industrial management, we provided technical support to build machine learning algorithms, where we introduced a new technique called sequence classification. During the implementation period, one staff member from Avonet visited the department on a weekly basis to discuss the ongoing issues with us. We collaboratively provided a promising solution, a predictive model, which Avonet integrated for defaul prediction in their flagship product.