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 […]
LetsGo vs ExpressCredit: which is the best in Botswana
LetsGo and ExpressCredit are solving different problems for different people in Botswana. If you’ve ever found yourself unsure about where to borrow or you simply want to get smarter about your options, this article is for you.
Lessons from the first lenders who tapped into Lendsqr’s Onlending program
Technology alone does not solve the problems of lenders. This logic guided the creation of the Lendsqr onlending program