Key providers you need as a lender in Sierra Leone: Credit reporting agencies and more
Lender information

Key providers you need as a lender in Sierra Leone: Credit reporting agencies and more

If you think you have trust issues, try being a lender in Sierra Leone. It’s a constant battle to separate fact from fiction, and every loan feels like a gamble. In the second quarter of 2024, Sierra Leone’s NPL rate fell to 7.5%, a significant drop from 12.1% in 2023. Great news, right? But let’s […]

Who regulates lending in Kenya?
Industry Information

Who regulates lending in Kenya?

Kenya has been at the forefront of digital lending, making it easier than ever for ordinary citizens to access credit. Just a decade ago, getting a loan meant filling out endless paperwork, waiting in long bank queues, and often needing collateral that many people simply didn’t have. Then came mobile lending apps promising “easier” loans. […]

Finance house vs. Microfinance: An overview of digital lending license
License

Finance house vs. Microfinance: An overview of digital lending license

To operate a lending business in Nigeria, you must get a license. Figuring out which license suits your needs can be tricky. So, it's necessary to understand what each license allows and doesn't allow.