Lending with USSD – opportunities, challenges, and limitations
Industry Information

Lending with USSD – opportunities, challenges, and limitations

While access to mobile phones is available, smartphones are not as easy to come by. For this reason, an alternative lending channel like USSD that is easily accessible becomes necessary.

Effective loan collections for lenders in Kenya
Lender information

Effective loan collections for lenders in Kenya

The Kenyan lending space is unique. Mobile loans are a good opportunity for millions, yet they also come with high default rates.

What Chamas and SACCOs can teach lenders about group lending
How to

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 […]