Should I lend to this customer? A practical guide to borrowers’ risk assessment
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Should I lend to this customer? A practical guide to borrowers’ risk assessment

For any lending business to be profitable, a lender must be assured of recovering their loan. Here are a few practical guides on how to determine if you should lend to a borrower or not.

How to design a customer centric lending product
How to

How to design a customer centric lending product

The importance of having your products suited to the needs of customers is often understated. A good product is one which fits/ addresses specific needs of the market. It’s almost impossible to gain market share or domination without tailoring one’s offerings to the needs of customers. Achieving customer-centric product design requires an intimate understanding of […]

Word on the street: Loans are bad! Maybe not
Lending

Word on the street: Loans are bad! Maybe not

The Nigerian’s perception of loans can be likened to the human’s fear of wild animals; scary! Okay, maybe that analogy is layered a little too thick, but you must agree that Nigerians hate loans which is ironic because when they eventually get them, they never payback. To the crux of the matter, why do loans have […]