Lendsqr introduces line of credit feature to give Tanzanians flexible access to credit
Tanzanian borrowers now have more flexibility! Lendsqr’s new Line of Credit feature allows users to access a continuous pool of funds. Draw what you need, repay, and reuse.
A cultural view of loan defaults in Kenya
Executive summary From 2019 to 2024, Kenya experienced a steady rise in personal and consumer loan defaults, driven not just by economic challenges, but deeply rooted cultural behaviors, social expectations, and shifting attitudes towards debt. While formal banks, microfinance institutions, and mobile lenders expanded access to credit, repayment struggles mirrored longstanding cultural and communal dynamics. […]
The need for financial models to build a successful loan business
Financial models perform as business GPS for lenders to avoid roadblocks and predict financial performance. But there are more ways they empower lenders.