Can I use a state money lending license to lend anywhere in Nigeria?
As a lender new to the game, one of the foremost questions youâre likely to have is how possible it is to use a state money lending license to lend anywhere and to anyone in Nigeria, especially with the rise of digital lending.
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 Liberiaâs loan default challenge and workable strategies that lenders can use to protect their portfolios while still empowering the people they serve.
Nigeriaâs problems will be solved by access to credit
Access to credit has historically been difficult in Nigeria. This is because, for years, big banks were the sole providers of financial services and those banks didnât care too much for retail banking.
