A cultural view of loan defaults in Kenya
Industry Information

A cultural view of loan defaults in Kenya

Executive summary  From 2019 to 2024, Kenya experienced a steady rise in personal and consumer loan defaults, driven not just by economic challenges, but deeply rooted cultural behaviors, social expectations, and shifting attitudes towards debt. While formal banks, microfinance institutions, and mobile lenders expanded access to credit, repayment struggles mirrored longstanding cultural and communal dynamics. […]

Use multiple credit bureaus to double your protection
How to

Use multiple credit bureaus to double your protection

Lendsqr has taken a bold step to make lending more secure and effective by offering a feature that allows lenders to link multiple credit bureaus services. This innovative feature is a game-changer for the lending industry in Nigeria, where access to accurate credit information is vital for managing credit risk and reducing non-performing loans. At […]

What lenders in Ghana should look for in a loan management software
Lender information

What lenders in Ghana should look for in a loan management software

Whether you're running a small credit business or a fast-growing digital lender, your software shouldn't hold you back.