How to get a lending license in Malawi
In Malawi, where approximately 54% of the population lives below the poverty line, accessing financial resources remains a significant challenge. Many Malawians harbor dreams of entrepreneurship, yet the lack of capital often prevents them from turning those dreams into reality. The limited availability of formal lending options leads to missed opportunities and unfulfilled potential, leaving […]
Credit bureaus, credit scoring, and payments providers for lenders in Kenya
Financial inclusion in Kenya has made remarkable strides, largely driven by the rapid adoption of online loans. The ease and accessibility of digital lending solutions have created a new frontier for millions of Kenyans previously excluded from traditional financial services. Mobile money has been a game changer for financial access in Kenya, with platforms like […]
Top 5 loan apps for UGX 200,000 in Uganda
Let’s be honest, life happens. One minute, you’re fine; the next, your gas runs out, a bill is overdue, or you just need UGX 200,000 to get by until payday. You’ve asked friends before, but it’s awkward, and borrowing from a bank? That feels like overkill for such a small amount. So, what now? Well, […]
Key providers for lenders in South Africa: Credit scoring, KYC, and payment
Running a successful lending business anywhere in the world today hinges on one critical factor: access to the right integration. In an industry where risk management is key, leveraging the right tools and partnerships can make or break a lender’s ability to thrive. This is where credit bureaus, credit scoring, Know Your Customer (KYC) infrastructure […]
How to get a lending license in South Africa
What started as a tiny tuck shop selling ice-cold drinks for Khaya soon evolved into something much bigger. However, it wasn’t long before customers, in between chatting about football and weekend plans, began to ask for small loans — a few rands here, a couple there, just enough to cover groceries or pay school fees. […]
Why Lendsqr is Africa’s most affordable loan management software
The end-to-end loan management software that’s rewriting the rules for lenders globally by offering enterprise-grade features without the enterprise-grade costs.
How to get a DUNS number for Google Play and Apple App stores in Nigeria
If you’re in the lending business and planning to launch on the Google Play or Apple App Store, there’s an essential step you’ll need to take: obtaining a DUNS (Data Universal Numbering System) number. While Apple has required a DUNS number for some time, Google has recently adopted this policy, too, creating new challenges for […]
Top 5 loan apps for MWK100,000 in Malawi
Your phone lights up: “Balance too low for transaction.” Again. As you’re mentally calculating how to stretch the last kwacha for the week, another message pops up: the reminder about the kids’ school fees, which are due in two days. The stress mounts and it’s not even 8 a.m. yet. In Malawi, where nearly 80% […]
Best loan management software for Malawian lenders: Lendsqr vs. Acumatica
Access to credit is becoming essential in Malawi, opening doors for everyone, from entrepreneurs with big ideas to individuals managing family needs. If you’re a lender, you’ve likely seen this demand firsthand. According to the Reserve Bank of Malawi, over 750,000 Malawians are now actively using credit, and with mobile money adoption reaching 34% as […]
How to get started as a lender in Malawi
Raheem stood before his almost empty stall, hands akimbo, his mind racing. Just last week, he had to turn away eager customers because she couldn’t afford to restock. It’s a familiar scene: vibrant market stalls filled with potential, yet many vendors lack the capital to thrive. This is where you come in. Imagine not just […]
Key providers for lenders in Uganda: Credit scoring, KYC, and payment
Running a successful lending business in Uganda today goes beyond having enough capital; it’s all about having the right tools and partnerships. In Uganda’s fast-growing financial landscape, effective risk management is the name of the game, and to stay ahead, lenders need access to reliable credit information, robust compliance systems, and seamless payment solutions. Credit […]
Best loan management software for Ugandan lenders: Lendsqr vs. Ssentezo
The financial landscape in Uganda is changing rapidly, with more people seeking access to credit than ever before. The demand for credit is surging from small businesses looking for working capital to individuals needing personal loans. According to the Bank of Uganda, the number of credit-active consumers is growing steadily, driven by increased mobile penetration […]
What you need to know to start lending in Ghana
Your timing couldn’t be better. Ghana’s economy grew by 6.9% year on year in the second quarter of 2024.
How to get a lending license in Botswana
Becoming a licensed lender in Botswana isn’t just about numbers and regulations; it’s about the people—the father trying to send his child to university, the entrepreneur wanting to open another branch, or the farmer needing equipment. The lending market in Botswana is at a fascinating intersection of opportunity and demand. There are currently 185 micro-lenders […]
Credit bureaus, credit scoring, and payments providers for lenders in Ghana
Credit bureaus are the gatekeepers of reliable data, and in a place like Ghana, where non-performing loans (NPLs) hover around 24.3% according to CEIC data, data accuracy isn’t just helpful—it’s non-negotiable. With access to transparent borrower data, lenders are no longer flying blind—they can effectively sift out high-risk borrowers and reduce default rates, turning chaos […]
