Frequently Asked Questions about SACCOs
This FAQ aims to answer the questions you encounter most when working with SACCOs, whether you are assessing credit risk, designing lending products, advising on tech integrations, or evaluating partnerships.
Word on the street: Loans are bad! Maybe not
The Nigerian’s perception of loans can be likened to the human’s fear of wild animals; scary! Okay, maybe that analogy is layered a little too thick, but you must agree that Nigerians hate loans which is ironic because when they eventually get them, they never payback. To the crux of the matter, why do loans have […]
A deep overview of business and SME loans in Ghana
Executive summary In Ghana today, running a small business isn’t just a choice. It’s a means of survival and progress. With over 80% of employment coming from the informal sector, entrepreneurship is often the default path for many Ghanaians, especially the youth. From food sellers to online vendors and fashion designers in Accra, micro and […]