Five Reasons Why You Should Embrace the “Sharing Economy” Today
The phrase “sharing economy” is an umbrella term coined to describe social and economic activity of the new age. It is an economic system in which assets or services are shared between private individuals, either free or for a fee, typically by means of the Internet.
Why you should digitize your Ajo lending business
Savings and investment have been an integral part of our local community from pre-colonial times. This largely due to the communal nature of the African community – we naturally tend to look out for each other, even where finances are concerned. The advent of formal and structured financing avenues have not completely substituted the thrift […]
How to get started as a lender in Zimbabwe
In May 2022, the Zimbabwe government froze all bank lending, citing speculative behavior as the villain. Businesses gasped, households flailed, and the economy wobbled like a three-legged table. For a moment, it felt like financial oxygen had been cut off. But nature—and credit markets—abhor a vacuum. During this period, formal financial institutions were sidelined, and […]