When silence speaks volume: communicating with defaulters 101
For small and medium lenders, communicating with defaulters is like walking a tightrope. Do it well; you might salvage the relationship and recover your money. Handle it poorly, and you risk losing not just your funds but also your reputation.
Lendsqr brings its lending technology to Botswana’s non-profits and DFIs
Lendsqr is transforming Botswana's development sector by offering its world-class lending software for free to non-profits and DFIs. Automate your loan cycles and scale your impact to reach the unbanked across Botswana effortlessly.
A cultural view of loan defaults in South Africa
If lenders and policymakers in South Africa can meet borrowers where they are economically, culturally, and socially, there may be a path forward that improves financial access while reducing default risk.