Loan Approval Prediction Model

This repository contains a predictive model for determining loan approvals based on applicant data. The model uses various applicant features such as income, education level, marital status, and more to classify applicants as either approved or not approved for a loan.
Project Overview
In this project, we built a machine learning model that leverages features from applicant profiles to predict the likelihood of loan approval. The data processing, scaling, and predictive analysis have been performed in Python, and the entire workflow is available in a Jupyter notebook.
Dataset
The dataset for this project includes information on loan applicants, such as income, loan amount, credit history, and demographics. You can find the dataset on my GitHub using the respiratory link. (provide the actual path or link to the data file in your repository or a public data source if available).
Data Fields
The dataset includes the following fields:
Loan_ID: Unique identifier for each loan applicant
Gender: Gender of the applicant
Married: Marital status
Dependents: Number of dependents
Education: Education level (Graduate/Not Graduate)
Self_Employed: Employment status
ApplicantIncome: Applicant's income
CoapplicantIncome: Co-applicant's income
LoanAmount: Loan amount requested
Loan_Amount_Term: Term of the loan
Credit_History: Credit history meets guidelines or not
Property_Area: Location of the property
Loan_Status: Approval status of the loan (Y/N)
Requirements
To run this project, you’ll need the following dependencies:
- Python 3.x
- pandas
- numpy
- scikit-learn
- Jupyter Notebook
You can install these requirements using:
pip install -r requirements.txt
Model Training and Prediction
The project uses a Jupyter notebook (FutureInterns_DS_03_Loan_Approval_Prediction_Model.ipynb) to preprocess the data, train the model, and make predictions. Here’s a breakdown of the workflow:
- Data Loading and Preprocessing: The data is loaded and cleaned, handling missing values and encoding categorical variables.