Are lenders evil for charging high interest rates?
Lending

Are lenders evil for charging high interest rates?

The average lender today would typically charge 4% — 10% per month (48% — 120% per year) on a loan. Whoa. Does it make you wonder how they are able to recover loans with these rates? What probably immediately comes to mind is how crazy and horrible these rates are and that there is no way […]

Can I use a cooperative license to lend in Nigeria?
FAQs

Can I use a cooperative license to lend in Nigeria?

One question that prospective Nigerian lenders always ask is if it’s legal to use a cooperative license to lend. Yes, it is.

Urgent10k: Meeting the emergency cash needs of Nigerians
Lender case study

Urgent10k: Meeting the emergency cash needs of Nigerians

Nigeria’s untapped consumer credit needs currently stands at about N109 trillion. Urgent10k is meeting the emergency cash needs of Nigerians