Effective loan collections for lenders in Ghana
Across Ghana, more and more people are struggling to keep up with loan repayments. Loan collection doesnât have to be a battle. With the right strategies, tools, and mindset, lenders can recover loans without chasing people into hiding, and borrowers can stay afloat even when times get tough.
Why your loan default rate is high and five data points youâre ignoring
Many lenders blame late payments on âbad borrowers,â but the real problem is often hidden in the data they overlook. This article explains why your default rate is higher than it should be and highlights five powerful data points, often ignored by lenders that can dramatically improve underwriting accuracy, borrower monitoring, and repayment performance.
How to get started as a lender in Cameroon
Today, weâll take you through the essential steps to establish a lending business that works and thrives in Cameroonâs financial ecosystem.