What Chamas and SACCOs can teach lenders about group lending
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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 […]

You can now recover your Lendsqr account

You can now recover your Lendsqr account

We have introduced a seamless process for account recovery, even if you've lost access to your two-factor authentication (2FA) devices.  Now, when activating 2FA, you'll generate recovery codes to ensure access in case of emergencies.

How direct debit works in Malawi
Industry Information

How direct debit works in Malawi

This report provides a deep dive into the direct debit ecosystem in Malawi from 2019 to 2024. It also examines the regulatory framework governing the system.