Credit bureaus, credit scoring, and payments gateways for lenders in Kenya
Financial inclusion in Kenya has made remarkable strides, largely driven by the rapid adoption of online loans. The ease and accessibility of digital lending solutions through payment gateways in Kenya and credit bureaus have created a new frontier for millions of Kenyans previously excluded from traditional financial services. Mobile money has been a game changer […]
How to design a customer centric lending product
A good product is one which fits and addresses specific needs of the market. It’s almost impossible to gain market share or domination without tailoring one’s offerings to the needs of customers.
The possible upsides of making GSI the go-to loan repayment method
The Federal government initiated the Global Standing Instruction (GSI) to nip the issue of non-performing loans and unrepentant loan defaulters in the bud. Unfortunately, the implementation of this very powerful tool has been limited.