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. […]
Can I use a cooperative license to lend in Nigeria?
One question that prospective Nigerian lenders always ask is if it’s legal to use a cooperative license to lend. Yes, it is.
A deep overview of business and SME loans in Rwanda
In Rwanda, business and SME loans are financial instruments designed to support the capital and operational needs of enterprises ranging from micro to medium-sized businesses.