Frequently Asked Questions on FCCPC’s new consumer lending regulations
Below are answers to common questions from Lenders, compliance teams, and other stakeholders about FCCPC's DEON CL.
Who regulates lending in Botswana?
Lending, particularly outside traditional banks, is a growing and tightly regulated sector in Botswana. Whether you're a micro-lender or a fintech company looking to build credit services for the underserved.
How to assess the risks to a loan application
Assessing/evaluating a loan application is all about weighing the risk to your money. The more you can reduce or eliminate that risk, the better. It all boils down to your confidence in the applicant’s credit worthiness. Assessing a loan application is the process by which you determine if an applicant qualifies for your loan, and […]