How to get a lending license in Trinidad and Tobago
This guide will walk you through the steps to obtain a lending license in Trinidad and Tobago, including compliance requirements, key regulators, and tips to ensure you meet all legal obligations.
Top loan apps to get 100,000 rwf loan in Rwanda
Getting a loan in Rwanda today isn’t the hustle it used to be. With apps like SPENN, Muganga SACCO, Standard Life Rwanda, and Urwego Finance, cash is just a few taps away.
Key providers you need as a lender in Sierra Leone: Credit reporting agencies and more
If you think you have trust issues, try being a lender in Sierra Leone. It’s a constant battle to separate fact from fiction, and every loan feels like a gamble. In the second quarter of 2024, Sierra Leone’s NPL rate fell to 7.5%, a significant drop from 12.1% in 2023. Great news, right? But let’s […]
Lendsqr vs Simbuka as a loan management software in Rwanda
In Rwanda today, the number of active mobile subscriptions just crossed 13.3 million, a sign of how deeply technology has woven itself into the fabric of everyday life. Borrowers aren’t walking into bank branches anymore; they’re pressing buttons on their phones, expecting money to flow as seamlessly as their favorite TikTok videos. But behind the […]
Reduce abandoned loan offers by 50% with fewer surprises
Hello 👋, Happy new month and welcome to December! We’ve finally made it to the last month of 2024—what a journey it has been! Time truly does fly, and it’s a gentle reminder that we should make the most of every moment. As the author Harvey MacKay once said, “Time is free, but it’s priceless. […]
Lendsqr vs Finastra as a loan management software in Sierra Leone
What do you look for in a loan management software? Ease of use, simplicity, and something that doesn’t require a PhD to operate, right? For anyone in the lending space in Sierra Leone, picking a loan management system isn’t just a tech decision—it’s life or death. A software that’s easy to use means faster loans, […]
Where to get 1,000,000 leones quickly in Sierra Leone
How does someone in Sierra Leone get their hands on 1,000,000 leones quickly when they need it? The truth is, most people in the country could really use that kind of money, but it’s not easy to come by. The average Sierra Leonean earns about 500,000 leones a month (around $24), and with that, they’re […]
How to get started as a lender in Sierra Leone
How do you start lending in a country where most people are still outside the formal financial system? In Sierra Leone, over 70% of the population are financially excluded. That means the majority of people don’t have access to bank accounts, loans, or digital payment options. This gap leaves many dependent on cash transactions, which […]
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 […]
Key providers for lenders in Namibia: Credit scoring, KYC, and payment
How are local lenders ensuring they don't take on too much risk? By relying on the right partners. Let’s break down the top players shaping the lending ecosystem in Namibia.
How to start a money lending business in Zambia
In Zambia today, many people are struggling to access the credit they need. Over 60% of adults can’t get loans or use formal banking services, and the situation is even tougher in rural areas, where nearly 80% of people are excluded from financial services altogether. While Zambia’s economy has grown over the years, much of […]
