What is the Credit Guarantee Scheme (CGS)
By covering part of the risk, the Credit Guarantee Scheme makes it easier for banks to offer better loan terms; larger amounts, longer timelines, and lower collateral requirements.
When to go legal with loan defaulters
Whether you're a small lender or a big institution, the decision to pursue legal action against a defaulter is governed by various factors, including the loan type, the borrower's behavior, and, most importantly, the legal framework in your jurisdiction.
Lendsqr vs Geesoft as a loan management software in Zimbabwe
Platforms like Lendsqr and Geesoft have emerged, offering solutions to automate disbursements, monitor repayments, and enhance risk management.