Frequently asked questions on USSD channel for loans
This FAQ explains how the USSD loan channel works, what users can do on it, and what to know when troubleshooting or setting it up.
Are lenders evil for charging high interest rates?
The average lender today would typically charge 4% — 10% per month (48% — 120% per year) on a loan. Whoa. Does it make you wonder how they are able to recover loans with these rates? What probably immediately comes to mind is how crazy and horrible these rates are and that there is no […]
How to use Mifos X and Apache Fineract with Lendsqr as a core banking system
Traditionally, implementing a new core banking system can take upwards of six months. Lendsqr dramatically quickens this process with pre-built integration adapters.

