How to get a lending license in Sierra Leone
If you operate without a lending license in Sierra Leone, you shall be punishable by a fine not exceeding Le5,000,000, or by imprisonment for a term not exceeding 180 days, or both. But, that’s not the only reason why you need one, right? Predatory lending thrives in markets with no regulation. While there may be […]
How to get a lending license in Botswana
Getting a lending license in Botswana isn’t just about numbers and regulations; it’s about the people—the father trying to send his child to university, the entrepreneur wanting to open another branch, or the farmer needing equipment. The lending market in Botswana is at a fascinating intersection of opportunity and demand. There are currently 185 micro-lenders […]
What investors want to see before they fund your loan startup
So, what exactly do investors want before they fund your loan startup? Let’s break it down.