Key providers for lenders in Zimbabwe: Credit bureaus, credit scoring, and payments providers
Industry Information

Key providers for lenders in Zimbabwe: Credit bureaus, credit scoring, and payments providers

Zimbabwe’s lending market is like playing a game of Jenga—stacking loans high and hoping it doesn’t all come crashing down. With nominal lending rates that hit a staggering 242% in 2022 (now down to 32.4%), it’s safe to say borrowing here isn’t for the faint-hearted. But lenders aren’t worried about flashy interest rates—they’ve got bigger […]

What are the problems associated with lending money in Nigeria?
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What are the problems associated with lending money in Nigeria?

Every day, thousands of Nigerian lenders wake up to face a market that’s equal parts promising and precarious. The nation’s vast population, entrepreneurial spirit, and rapidly growing SME sector make it an attractive ground for credit services.  Over 40 million MSMEs account for nearly half of Nigeria’s GDP, and many of these businesses rely on […]

Why consistent credit reporting builds lender credibility
Industry Information

Why consistent credit reporting builds lender credibility

In this article, we examine how consistent credit reporting enhances lender credibility, explore the specific benefits for both fintech and traditional lenders, and outline how institutions can implement reporting practices that deliver measurable results.