Lamana Hotel, Port Moresby: Credit Guarantee Corporation (CGC) and the United Nations Capital Development Fund (UNCDF) unveiled the General Financial Insight (GFI) Psychometric Credit Decisioning System to help Financial Institutions (FI’s) improve loan decisions for Micro, Small and Medium Enterprises (MSME), on September 24, 2025.
The GFI Psychometric Credit Decisioning System is an AI powered tool that helps Financial Institutions assess loan applications. The system also measures traits that predict business success such as enterprising, knowledge integration, leadership, commitment, decision-making and resiliency which is useful for SME training organizations.
Assistant Governor of the Financial Systems Regulation & Supervision Group at the Bank of Papua New Guinea (BPNG), Mrs. Sabina Deklin, officiated at the workshop on behalf of the Governor of BPNG.
Assistant Governor Deklin commended CGC, UNCDF, and Global Psytech and said, “you are not only helping to transform how loans are approved, but how dreams are realised”. She further stressed that “this is more than technology. It is about reimagining how we see our entrepreneurs—not as ‘high risk’ or ‘unbankable,’ but as the foundation of a diversified and resilient economy. With tools like GFI, we can bridge the gap between informal businesses and the formal financial system and build markets that truly work for all”.
UNCDF Country Lead, Mr. Wyclliffe Ngwabe elaborated that “for too long, many smallholder farmers, women-owned enterprises, micro and small businesses have been locked out of formal finance because traditional credit scoring methods rely heavily on collateral and conventional financial histories. This has left many of the most innovative and hardworking members of our society underserved”.
“With this alternative psychometric credit scoring engine, powered by artificial intelligence, machine learning, and behavioural analytics, we are breaking down those barriers”.
“This means that entrepreneurs and microenterprises who previously struggled to demonstrate their potential through the conventional systems can now have a real chance to access the finance they need to grow”. Mr. Ngwabe stated.
He further encouraged collaboration: “I call on government, financial institutions, development partners, and the private sector to work hand in hand with us to scale its adoption”.
CGC Chief Executive Officer, Mr. Dominic Sikakau, stressed
that the system is not limited to the use of CGC’s guarantee products. He encouraged broad participation, noting that both Participating Financial Institutions and Non Participating Financial Institutions can adopt the tool to expand MSME access to finance.
Global Psytech’s Financial Innovation Advisor, Mr. Jeff Liew who facilitated the workshop, shared how their psychometric credit assessment system works and can drive inclusive MSME financing in PNG. Attendees engaged in interactive discussions, tested the system through personal assessment and received instant credit and entrepreneurial reports generated by the platform for each individual.
