Frequently Asked Questions on guarantor-based lending models
FAQs

Frequently Asked Questions on guarantor-based lending models

The following frequently asked questions address the most important aspects of guarantor-based lending from a lender’s perspective.

Lenders battle against fraudsters; a case for an industry blacklist
Industry Information

Lenders battle against fraudsters; a case for an industry blacklist

As digital lending surges in Nigeria, fraud has quietly become one of the industry’s biggest threats, with coordinated identity theft and serial loan defaulters overwhelming individual lenders who battle in isolation. The danger isn’t unique. Kenya offers a stark warning, with an estimated 3.2 million people blacklisted on the country’s TransUnion credit bureau. Without a unified industry blacklist to identify and curb repeat offenders, Nigerian lenders risk following the same path, continually staying several steps behind increasingly sophisticated fraudsters.

5 financial mistakes African immigrants make in their first year abroad
Borrower information

5 financial mistakes African immigrants make in their first year abroad

Moving abroad is exciting but costly if you’re unprepared. Here are five common financial mistakes African immigrants make and how to stay ahead.