We will use AI to transform lending in Nigeria and Africa
So, find a comfortable spot, maybe with a warm bowl of your favorite soup, and let's explore the January edition of the Lendsqr newsletter together!
What Chamas and SACCOs can teach lenders about group lending
Group finance has a reach that many fintechs still underestimate. In Kenya, SACCOs that operate under regulation reported 6.84 million members in 2023, a number that shows how much formal group lending has grown. Beyond that, informal savings groups called chamas are even more widespread. Estimates suggest there are around 300,000 active chamas, each managing […]
A deep overview of business and SME loans in Kenya
Whether through banks, SACCOs, digital platforms, or informal channels, we examine how Kenya's business owners are financing their operations and what’s next for them.




