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.

Lendsqr introduces line of credit feature to give Zambians flexible access to funds
Press Release

Lendsqr introduces line of credit feature to give Zambians flexible access to funds

Lendsqr introduces Line of Credit in Zambia, providing flexible access to funds. Borrowers can now draw credit as needed and only pay for what they use.

Device finance in Nigeria: A case for BNPL
Growth marketing

Device finance in Nigeria: A case for BNPL

In an era where a smartphone is no longer a luxury but a fundamental tool for economic survival, Nigeria's "affordability gap" has never been wider. With inflation squeezing disposable income, the traditional model of outright cash purchases is being replaced by the rapid rise of Buy Now, Pay Later (BNPL). This shift isn't just about convenience; it’s a strategic response to currency volatility and a lack of traditional credit infrastructure. By leveraging alternative data and "pay-as-you-go" technology, BNPL providers are turning the dream of high-end tech ownership into a manageable monthly reality for millions of Nigerians, ultimately driving the nation's next wave of digital inclusion