Tell your lending story. Win N50,000! 🏆
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Tell your lending story. Win N50,000! 🏆

We can bet that you will have at least one great lending story. Tell us today, win N50,000.

How big is the addressable market for consumer loan in Nigeria?
Lending

How big is the addressable market for consumer loan in Nigeria?

Nigeria’s 200 million-strong population is often the ultimate proof that the giant of Africa has a large market for just about anything. The belief is that as long as you make anything, you can sell it here. But our economic realities have helped us adjust those mythic expectations and what we now talk a lot about […]

Lenders battle against fraudsters; a case for an industry blacklist
Lending

Lenders battle against fraudsters; a case for an industry blacklist

In Kenya, the lenders battle against fraudsters with an estimated 3.2 million people have been blacklisted on Kenya’s TransUnion credit reference bureau.

Why Nigerian banks will never win the consumer credit game
Lending

Why Nigerian banks will never win the consumer credit game

Consumer lending is basically loans to individuals, like me and you, to purchase goods and services. Of the forms of consumer lending, credit cards are perhaps the most popular. Yet, if you’re a Nigerian reading this, that last sentence is not very relatable, mostly because not only is consumer lending uncommon in Nigeria, credit card […]

Nigeria’s problems will be solved by access to credit
Lending

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.

What are payday loans and how to make the best of them?
Lending

What are payday loans and how to make the best of them?

When emergencies strike and funds are needed, it is often difficult to know where to turn. As a Nigerian, it can be quite difficult to save for rainy days, as every day is well…quite rainy. This means that at the same time, family and friends may not be able to help you out of such […]

Word on the street: Loans are bad! Maybe not
Lending

Word on the street: Loans are bad! Maybe not

The Nigerian’s perception of loans can be likened to the human’s fear of wild animals; scary! Okay, maybe that analogy is layered a little too thick, but you must agree that Nigerians hate loans which is ironic because when they eventually get them, they never payback. To the crux of the matter, why do loans have […]

Why Nigerians don’t pay their loans
Lending

Why Nigerians don’t pay their loans

The frustration that comes from not being able to recover your money because Nigerians don’t pay back their loans on time isn’t up for debate. After all, we all get replete with stories of the high and mighty, and the not so mighty, dragging it out with banks regarding bad loans. “The Nigerian attitude to […]

How Blocka Cash got its lending groove
Lender case study

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.

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Lending as a side hustle: What I need to know
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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
Lending

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
Lending

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.