Frequently Asked Questions about SACCOs
FAQs

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.

Invest in a lending business: Why and how to make profit from it
Lending

Invest in a lending business: Why and how to make profit from it

If you are interested in making extra cash by borrowing out some of your excess funds to individuals, then you consider investing in a lending business

Nigeria’s problems will be solved by access to credit
Lending

Nigeria’s problems will be solved by access to credit

Access to credit has historically been difficult in Nigeria. This is because, for years, big banks were the sole providers of financial services and those banks didn’t care too much for retail banking.