What Chamas and SACCOs can teach lenders about group lending
Group finance has a reach that many fintechs still underestimate. In Kenya, SACCOs that operate under regulation reported 6.84 million members in 2023, a number that shows how much formal group lending has grown. Beyond that, informal savings groups called chamas are even more widespread. Estimates suggest there are around 300,000 active chamas, each managing […]
What you need to know to start lending in Ghana
Your timing couldn’t be better. Ghana’s economy grew by 6.9% year on year in the second quarter of 2024.
A deep overview of consumer credit in Botswana
This report explores these developments in depth and presents a narrative-driven overview of Botswana’s consumer lending journey over the past five years.