A cultural view of loan defaults in Kenya
Industry Information

A cultural view of loan defaults in Kenya

Executive summary  From 2019 to 2024, Kenya experienced a steady rise in personal and consumer loan defaults, driven not just by economic challenges, but deeply rooted cultural behaviors, social expectations, and shifting attitudes towards debt. While formal banks, microfinance institutions, and mobile lenders expanded access to credit, repayment struggles mirrored longstanding cultural and communal dynamics. […]

Essential lending APIs for every lender
Engineering

Essential lending APIs for every lender

To keep up with the demand for fast, personalized service, lenders need to speed up their processes and use more data to meet customer expectations. That’s where Application Programming Interface (APIs) comes in. 

HES Fintech vs Turnkey Lender: Which loan software is best for you?
Lender information

HES Fintech vs Turnkey Lender: Which loan software is best for you?

HES Fintech and Turnkey Lender both offer end-to-end lending platforms built to simplify operations and reduce risk. This guide breaks down how each platform performs across the full loan lifecycle.