A cultural view of loan defaults in Uganda
Uganda’s experience illustrates that solving the problem of defaults is not simply about adjusting loan terms or improving credit scoring. It requires an understanding of the cultural frameworks that guide how people borrow, how they prioritize repayments, and how they perceive the consequences of failing to meet their obligations.
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.
Don’t have access to GSI? Use direct debit to achieve same result
With the right strategies in place, you can substitute GSI with direct debit and still achieve similar results. Let’s break this down.