This paper provides the reader with information about the rural credit bureau. It presents a brief historical background on the establishment and use of credit bureaus in the country. Accordingly, the paper also explains the importance and key roles of a credit bureau, i.e., facilitator of information sharing, bridge between formal lenders and borrowers, protector to financial institutions and their clients, enforcer of borrower discipline, etc. Unlike the traditional method of screening the creditworthiness of borrowers, lending institutions benefit from several advantages inherent in utilizing a credit bureau. These are: risk control, increase revenue/profits, administrative savings, and improved customer loyalty. Through the paper, the reader gets an insight on how a credit bureau works as well as on the issues that hinder the development of credit bureaus in the country.
