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Category: How to

A1 Credit: Leveraging digital channels to provide loans to Nigerians and small businesses

Understanding the consumer credit landscape in Nigeria A1 Credit is helping millions of Nigerians and small businesses get access to credit without asking for an arm and a leg. Their use of digital channels means they are available around the clock, …
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Dara from Lendsqr
Dara from Lendsqr
  • November 25, 2022

How to design a customer centric lending product

The importance of having your products suited to the needs of customers is often understated. A good product is one which fits/ addresses specific needs of the market. It’s almost impossible to gain market share or domination without tailoring one’s offerings …
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Mayo Deji Omotayo
Mayo Deji Omotayo
  • September 5, 2022
Lendsqr blog cover title: how to design a customer centric lending product

What do borrowers want from lenders?

It’s a widely spread belief amongst lenders that handing over cash or processing loans faster is all that borrowers want. Unfortunately, lending is more nuanced than this. To have a deeper understanding into what drives Nigerians towards one lender or the …
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Mayo Deji Omotayo
Mayo Deji Omotayo
  • August 29, 2022
Blog cover title: what do borrowers want from lenders

Why you should digitize your Ajo lending business

Savings and investment have been an integral part of our local community from pre-colonial times. This largely due to the communal nature of the African community – we naturally tend to look out for each other, even where finances are concerned. …
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Mayo Deji Omotayo
Mayo Deji Omotayo
  • August 23, 2022
Why you should digitize your Ajo lending business

Expand your lending business with customer incentives

Human psychology indicates that human beings make purchase decisions based on emotions which are subsequently justified by rational suggestions. According to Simon Sinek, it’s easier to sell a product that’s emotionally charged. This is where incentives come in. Humans as consumers …
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Mayo Deji Omotayo
Mayo Deji Omotayo
  • August 9, 2022
Lendsqr blog cover: expand your lending business with customer incentives

Building the right culture in your lending business

Culture is a critical requirement for any business to achieve its business objectives. As the popular saying goes, “culture eats strategy for breakfast”. Well-thought out strategies, processes, policies, frameworks and models; without an enabling culture won’t return desired corporate values for …
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Mayo Deji Omotayo
Mayo Deji Omotayo
  • July 25, 2022

How to report unethical lenders

Are you aware that you can report bad lenders who couldn’t possibly care less about conforming to lawful and responsible lending practices? We sincerely hope so. But we don’t live in an ideal world. As much as there are good and …
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Mayo Deji Omotayo
Mayo Deji Omotayo
  • June 20, 2022
report unethical lenders

Category: How to

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Lendsqr.com is a property of Lending Technologies Limited, duly registered on November 7, 2018, with RC 1539403 and operates under the laws of the Federal Republic of Nigeria. Lendsqr.com is NOT a lender, does not make offers for loans, and does not broker online loans to lenders or lending partners. Lendsqr.com is not a representative or agent of any lender or lending partner. Lendsqr.com is a lending-as-a-service cloud platform for licensed lenders. These disclosures are intended for informational purposes only and should not be construed as or considered legal advice.