How to reduce loan defaults in Liberia: Best strategies for lenders
Industry Information

How to reduce loan defaults in Liberia: Best strategies for lenders

When we talk about loan defaults in Liberia, what usually comes to mind is poverty or bad borrowers. But beneath the surface, there are ignored factors that quietly make things worse. In this article, we explored the reasons behind Liberia’s loan default challenge and workable strategies that lenders can use to protect their portfolios while still empowering the people they serve.

Lendsqr’s guide to responsible lending
Information

Lendsqr’s guide to responsible lending

If you’re a lender reading this, you’re probably thinking you made the right decision choosing this line of business right? However, do you operate with responsible lending practices?

Why Nigerians don’t pay their loans
Lending

Why Nigerians don’t pay their loans

The frustration that comes from not being able to recover your money because Nigerians don’t pay back their loans on time isn’t up for debate. After all, we all get replete with stories of the high and mighty, and the not so mighty, dragging it out with banks regarding bad loans. “The Nigerian attitude to […]