Nigeria’s 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 didn’t care too much for retail banking.
Word on the street: Loans are bad! Maybe not
why do loans have such a bad rep in Nigeria? Why do people liken loans to entrapment? Let’s dive in and find out why.
Why Nigerians don’t pay their loans
The frustration that comes from not being able to recover money because Nigerians don’t pay back their loans isn’t debatable. But, why don’t Nigerians pay back their loans?
How Blocka Cash got its lending groove
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.
Lending as a side hustle: What I need to know
So, you want to branch out and earn some extra cash on the side. Becoming a small-scale lender might not have been the first idea on your list. Whatever your story is, the important thing is that you’re here to learn about lending as a side hustle
Why you need technology to scale your lending business
We’re in an age where technology shapes our lives. Technology impacts almost every sector of human life and businesses are not excluded. Today, technology is causing a revolution in the lending industry. For a long time, before technology improved the Fintech industry, banks were the known lending channels. But getting a loan from a bank […]
5 tips that can help you become a more efficient lender
This article provides you with five essential tips to help you run a successful lending business and become a more efficient lender.
Invest in a lending business: Why and how to make profit from it
If you are interested in making extra cash by borrowing out some of your excess funds to individuals, then you consider investing in a lending business
Five Tips on How to Become a Lender
The business of money lending in Nigeria is extremely lucrative. Becoming a lender is essentially one of the smartest ways to promote wealth building. With the right knowledge, becoming a lender can be an extremely lucrative business for anyone. This article provides you adequate knowledge on how to become a successful moneylender in Nigeria.
How to sell your loan products
In our posts on getting your lending business up and running, we mentioned that the next step after creating your loan products was to invite borrowers to view and apply for them. In this post, we will be talking a bit about that process, which is really all about “selling” your loan products.
Wonder what types of loans exist? We’ve broken them down for you
As a new lender, the most important information you will seek to find out is knowing what types of loans exists and what loans you can offer.
