A cultural view of loan defaults in Namibia
Industry Information

A cultural view of loan defaults in Namibia

From 2019 to 2024, Namibia has witnessed growing household borrowing alongside a noticeable rise in defaults

Why borrowers repay more when they have something to lose
Borrower information

Why borrowers repay more when they have something to lose

Loan repayment is often influenced by more than income or willingness to pay, it is also shaped by accountability. Borrowers are often more likely to repay when they have something meaningful to lose, and guarantors are one of the clearest examples of this dynamic. When a trusted friend, family member, or colleague stands behind a loan, repayment carries social, financial, and reputational consequences beyond the borrower alone. For lenders, guarantor-backed lending can strengthen repayment behavior while creating an added layer of confidence in credit decisions.

5 best loan apps in Zimbabwe with low interest
Borrower information

5 best loan apps in Zimbabwe with low interest

Discover the 5 best loan apps in Zimbabwe with low interest. Understand the loan eligibility criteria and interest rate for each lender.