Frequently asked questions on direct debit mandates for loan repayment
Industry Information

Frequently asked questions on direct debit mandates for loan repayment

Direct debit mandates have become a common tool for loan repayment, helping lenders automate collections and reduce missed payments. But for many borrowers and even lenders, questions still arise around how these mandates work, what consent really means, and how disputes or cancellations are handled. From setup and authorization to compliance and customer protection, understanding the key aspects of direct debit is essential for building a smooth, transparent, and trustworthy repayment process.

Best KYC providers for lenders in East Africa
Industry Information

Best KYC providers for lenders in East Africa

To stay secure and competitive, lenders across Kenya, Uganda, Tanzania, and Rwanda need reliable KYC solutions tailored to the region’s unique dynamics.

How to get a lending license in Ethiopia
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How to get a lending license in Ethiopia

The National Bank of Ethiopia is cautious, but there is room for those lenders who can offer good and affordable credit.