How to restructure loans and work with struggling borrowers
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How to restructure loans and work with struggling borrowers

Loan restructuring is a common aspect of being a money lender. Borrowers, with sincere intentions to repay, often face hurdles such as economic shifts, unexpected emergencies, and other unforeseen circumstances. So, here are the ways you can help restructure loans for these borrowers.

A deep overview of consumer credit in Tanzania
Industry Information

A deep overview of consumer credit in Tanzania

This report reviews (year-by-year) the data (2019–2024) on formal credit flows, borrower profiles and defaults, and consumer lending trends

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.