Best loan management software for Ugandan lenders: Lendsqr vs. Ssentezo
The financial landscape in Uganda is changing rapidly, with more people seeking access to credit than ever before. The demand for credit is surging from small businesses looking for working capital to individuals needing personal loans. According to the Bank of Uganda, the number of credit-active consumers is growing steadily, driven by increased mobile penetration […]
How to get a lending license in Liberia
In Liberia, lending isn’t a free-for-all. The Central Bank of Liberia (CBL) regulates the financial sector and determines who can legally offer loans.
Your core banking system isn’t your loan management system. Here’s the difference
If you have spent any meaningful amount of time in lending, you have likely heard someone ask the question, “Can’t our core banking system handle loans too?” On the surface, it seems like a fair point. Loans are essentially account balances. When a customer takes out a loan, the system records the disbursed amount as […]