Common mistakes lenders make when choosing a business model
Information

Common mistakes lenders make when choosing a business model

The secret weapon of any thriving lending business is a smart business model. Unfortunately, lenders make mistakes when choosing one.

SnapCash, Irorun and other apps for 50,000 naira in Nigeria
Borrower information

SnapCash, Irorun and other apps for 50,000 naira in Nigeria

From as little as 2,000 naira to as much as 50,000 naira, the goal remains the same: to address immediate emergencies.

What are the problems associated with lending money in Nigeria?
Industry Information

What are the problems associated with lending money in Nigeria?

Every day, thousands of Nigerian lenders wake up to face a market that’s equal parts promising and precarious. The nation’s vast population, entrepreneurial spirit, and rapidly growing SME sector make it an attractive ground for credit services.  Over 40 million MSMEs account for nearly half of Nigeria’s GDP, and many of these businesses rely on […]