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Category: Lending

The threat that bad loans pose to lenders can’t be overemphasized. A lot of lenders have had to write off an alarming amount of non-performing loans (NPL). Before going into the money lending business, the biggest concern you might have been …
API integrations to reduce NPL
Lending has probably been around since dinosaur times. While informal lending between friends, families and cooperative groups is still widely functional, the more formal lending organizations have to be regulated by the government. To own and operate a lending business in …
A typical state lender who has about N20 million capital is targeting the working class Nigeria, targeting loan sizes of N30,000 to N150,000. Knowing they stand no chance of growing the business if they demand their borrowers come to an office, …
Blocka Cash is one of the fastest growing and the easiest digital lenders in Nigeria with a clear ambition to become the lender of choice in a market where over N74 trillion of credit gap is a perennial problem. The Blocka Cash team …

Category: Lending