Why you should digitize your Ajo lending business
How to

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 […]

5 things about the Nigerian Collateral Registry
FAQs

5 things about the Nigerian Collateral Registry

SMEs need capital to grow, but traditional lenders require assets they might not possess. Here's where the Nigerian Collateral Registry (NCR) steps in.

Should I lend to this customer? A guide to risk assessment
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Should I lend to this customer? A guide to risk assessment

For any lending business to be profitable, a lender must be assured of recovering their loan. Here are a few practical guides on how to determine if you should lend to a borrower or not.