Credit bureaus, credit scoring, and payments providers for lenders in Ghana
Credit bureaus are the gatekeepers of reliable data, and in a place like Ghana, where non-performing loans (NPLs) hover around 24.3% according to CEIC data, data accuracy isn’t just helpful—it’s non-negotiable. With access to transparent borrower data, lenders are no longer flying blind—they can effectively sift out high-risk borrowers and reduce default rates, turning chaos […]
A cultural view of loan defaults in Sierra Leone
Behind every unpaid loan is a story shaped by social ties, informal safety nets, and shifting expectations around debt. Understanding these nuances is key to building a lending system that balances risk with empathy.
7 reasons why your loan business struggles to attract borrowers
So, you've kicked off your loan business. Now, you’re expecting a surge of customers. Despite your best efforts, the expected influx of customers hasn't materialized. Find out the possible reasons for low borrower numbers in your loan business.