Frequently asked questions about SME loans
FAQs

Frequently asked questions about SME loans

Get answers to the most common questions about SME loans, including eligibility, interest rates, and how to improve your chances of approval.

Take control of your finances this July with Kolo

Take control of your finances this July with Kolo

To make the most out of Kolo Finance, here are some key steps to help you maximize financial management with Kolo. 

5 issues that lenders have with Nigerian credit bureaus
Industry Information

5 issues that lenders have with Nigerian credit bureaus

Before Nigerian credit bureaus were created, banks operated as lone wolves, reluctant to share credit information with third parties. They also didn’t have ways of knowing if a borrower had unpaid loans with other banks/financial institutions. As such, borrowers could easily secure multiple loans and cart away funds from different institutions without the lenders knowing. […]