What Chamas and SACCOs can teach lenders about group lending
Group finance has a reach that many fintechs still underestimate. In Kenya, SACCOs that operate under regulation reported 6.84 million members in 2023, a number that shows how much formal group lending has grown. Beyond that, informal savings groups called chamas are even more widespread. Estimates suggest there are around 300,000 active chamas, each managing […]
How the bad debt expense formula helps lenders track risk
What starts as a basic calculation of bad debt becomes a useful tool to guide decisions across the lending cycle.
How to obtain a Tier 3 or Tier 4 Microfinance License in Uganda
This article walks through how to obtain a Tier 3 Microfinance Deposit-taking Institution licence and a Tier 4 licence in Uganda