Why borrowers repay more when they have something to lose
Loan repayment is often influenced by more than income or willingness to pay, it is also shaped by accountability. Borrowers are often more likely to repay when they have something meaningful to lose, and guarantors are one of the clearest examples of this dynamic. When a trusted friend, family member, or colleague stands behind a loan, repayment carries social, financial, and reputational consequences beyond the borrower alone. For lenders, guarantor-backed lending can strengthen repayment behavior while creating an added layer of confidence in credit decisions.
How to get your USSD code as a lender in Nigeria
USSD code for lenders are available in two ways: either from the Nigerian Communications Commission (NCC) or through VASPs. Learn more.
Frequently asked questions about open banking in Africa
This FAQ is written for people who are trying to make sense of how open banking affects real operations.