Where to get loans in Kenya without collateral
Collateral-free loans have become the go-to option for Kenyans who need access to money without having to risk losing their property. This article breaks it all down where to get loans in Kenya without collateral and how to choose the right one.
5 issues that lenders have with Nigerian credit bureaus
Before Nigerian credit bureaus were created, banks operated as lone wolves, reluctant to share credit information with third parties. They also didn’t have ways of knowing if a borrower had unpaid loans with other banks/financial institutions. As such, borrowers could easily secure multiple loans and cart away funds from different institutions without the lenders knowing. […]
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.