A cultural view of loan defaults in Kenya
Industry Information

A cultural view of loan defaults in Kenya

Executive summary  From 2019 to 2024, Kenya experienced a steady rise in personal and consumer loan defaults, driven not just by economic challenges, but deeply rooted cultural behaviors, social expectations, and shifting attitudes towards debt. While formal banks, microfinance institutions, and mobile lenders expanded access to credit, repayment struggles mirrored longstanding cultural and communal dynamics. […]

Lendsqr brings its lending technology to Rwanda’s non-profits and DFIs
Press Release

Lendsqr brings its lending technology to Rwanda’s non-profits and DFIs

Lendsqr is revolutionizing social impact in Rwanda by offering its world-class lending infrastructure for free to non-profits and DFIs. Organizations can now automate loan management and scale their credit programs to reach the unbanked with ease.

How mobile SDK works for lending decisions
How to

How mobile SDK works for lending decisions

Lenders who are aware of the realities of credit in Nigerian use smart technologies called software development kits (SDK). They are able to program their mobile apps and offer some functionality they may otherwise not have access to.