How to get your USSD code as a lender in Ghana
Getting a USSD code as a lender in Ghana is a smart move. Mobile phone usage is nearly universal, with a mobile penetration rate exceeding 113%, due to the widespread use of multiple SIM cards. This makes mobile devices a powerful tool for businesses, particularly lenders, looking to connect with potential customers. For lenders, this […]
How to get lending license in Ghana
Getting a lending license in Ghana demands careful planning, from getting capital to building a strong operational foundation.
13 female CEOs shaping the Nigerian credit ecosystem
Meet 13 female CEOs who are making their mark on Nigeria’s credit ecosystem. From digital lending and fintech to financial inclusion, these women are building companies, expanding access to credit, and shaping how lending continues to evolve in Nigeria.
How lack of consequence for loan defaults is destroying the African credit ecosystem
When borrowers can default on loans without meaningful consequences, the damage goes far beyond a single unpaid debt. It weakens lenders, distorts credit decisions, raises borrowing costs, and makes it harder for responsible borrowers to access credit. Across Africa, weak consequences for loan defaults are creating a cycle that threatens the growth of a healthier credit ecosystem. This article explores how we got here and what needs to change.
8 reasons why you should NOT use Kolo
Let's explore the different reasons why you shouldn’t make use of your Kolo account or encourage your family and friends to do so.
Let’s protest against financial indiscipline
Financial indiscipline is not always about how much money we have, but how we manage what we have. Poor spending habits, impulsive borrowing, unpaid debts, and weak financial planning can affect individuals, businesses, and the wider economy. It is time to examine the habits that keep us financially stuck and ask what we can do differently. Here are practical reasons to take a stand against financial indiscipline.
Take control of your finances this July with Kolo
July is a good time to take a closer look at your finances, reset your spending habits, and build a more consistent saving routine. Kolo offers a simple way to set money aside regularly while keeping your savings goals in focus. Whether you are saving for an upcoming expense or simply trying to become more disciplined with your money, here are practical ways to take control of your finances this July with Kolo.
Answering your most asked questions
Kolo is designed to make managing your finances simpler, from saving and tracking your money to staying on top of your financial goals. In this article, we answer some of the most frequently asked questions about Kolo, how it works, and how you can make the most of the app.
Debt management strategies
Managing debt effectively requires more than simply making repayments. The right strategy can help borrowers prioritise their debts, reduce financial pressure, avoid missed payments, and work towards becoming debt-free. This article explores practical debt management strategies and how to build healthier borrowing and repayment habits.
Managing your net worth across bank accounts
Managing your net worth becomes more complicated when your money is spread across multiple bank accounts, savings platforms, investments, and other assets. Without a clear view of everything you own and owe, it can be difficult to know whether you are actually making financial progress. This guide explains how to track your net worth across different accounts, organise your finances, and get a clearer picture of your overall financial position.
4 reasons why most loan defaulters are fraudsters
It’s time we stop sugarcoating this. Loan defaulters, in many cases, are fraudsters and here’s how they reveal themselves as such.
