How to get started as a lender in Kenya
Believe it or not, there are approximately 7.4 million MSMEs in Kenya struggling to access credit, desperately waiting for you to decide to set up shop as a lender in Kenya. Getting started as a lender in Kenya means stepping into a market with a $1.1 billion credit gap. If you’re worried about competition, know […]
Five Reasons Why You Should Embrace the “Sharing Economy” Today
The phrase “sharing economy” is an umbrella term coined to describe social and economic activity of the new age. It is an economic system in which assets or services are shared between private individuals, either free or for a fee, typically by means of the Internet.
Key providers for lenders in Uganda: Credit scoring, KYC, and payment
Credit bureaus, credit scoring systems, Know Your Customer (KYC) protocols and payment providers form the core of any sustainable lending operation in Uganda. Why are these tools essential? Let’s look at some numbers.