abstract

Understanding Fiado: Informal Credit in Brazil

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Cláudio PinhanezAuthors Info & Claims

DEV '15: Proceedings of the 2015 Annual Symposium on Computing for Development

Page 147

https://doi.org/10.1145/2830629.2830631

Published: 01 December 2015 Publication History

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Abstract

This paper will explore insights gathered from fieldwork activities in the Northeast Brazil to design a financial application to facilitate access to credit. We observed the everyday financial practices of small merchants, their social physical networks and mechanisms to promote trust in those communities. We observed a particular kind of transaction that was common amongst our participants - called Fiado. Fiado transactions are a store credit practice in which merchants sell products to a customer based on trust that the customer will pay for it in the future. The Financial app aims to assist small merchants to manage their Fiado and their business.

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Gonzalez, L., et al. (2013). Inclusão financeira correspondentes bancários no Brasil. Bankable Frontier Associates Fundação Bill & Melinda Gates, Fundação Getulio Vargas.

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Index Terms

Understanding Fiado: Informal Credit in Brazil
1. Human-centered computing

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Published In

DEV '15: Proceedings of the 2015 Annual Symposium on Computing for Development

December 2015

186 pages

ISBN:9781450334907

DOI:10.1145/2830629

General Chairs:
Arjuna Sathiaseelan
University of Cambridge
,
Marco Zennaro
International Centre for Theoretical Physics
,
Program Chairs:
Elizabeth Belding
University of California, Santa Barbara
,
Jay Chen
NYU Abu Dhabi

Permission to make digital or hard copies of part or all of this work for personal or classroom use is granted without fee provided that copies are not made or distributed for profit or commercial advantage and that copies bear this notice and the full citation on the first page. Copyrights for third-party components of this work must be honored. For all other uses, contact the Owner/Author.

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Association for Computing Machinery

New York, NY, United States

Publication History

Published: 01 December 2015

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ACM DEV '15

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ACM DEV '15: Annual Symposium on Computing for Development

December 1 - 2, 2015

London, United Kingdom

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DEV '15 Paper Acceptance Rate 13 of 50 submissions, 26%;

Overall Acceptance Rate 52 of 164 submissions, 32%

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Index Terms

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