February 4, 2021
Word on the street: Loans are bad! Maybe not
The Nigerian’s perception of loans can be likened to the human’s fear of wild animals; scary! Okay, maybe that analogy is layered a little too thick, but you must agree that Nigerians hate loans which is ironic because when they eventually get them, they never payback. To the crux of the matter, why do loans have […]
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January 13, 2021
Why Nigerians don’t pay their loans
That Nigerians don’t pay back their loans on time isn’t up for debate, after all, we all get replete with stories of the high and mighty, and the not so mighty, dragging it out with banks regarding bad loans. “The Nigerian attitude to debt is curious and nowhere could this have been better demonstrated than […]
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November 17, 2020
How Blocka Cash got its lending groove
Blocka Cash is one of the fastest growing and the easiest digital lenders in Nigeria with a clear ambition to become the lender of choice in a market where over N74 trillion of credit gap is a perennial problem. The Blocka Cash team set out to rewrite the rules of the game by removing the hurdles that […]
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April 21, 2020
Attracting your ideal clientele as a lender
As a lender, repeat customers are essential for building and maintaining a healthy business; but expanding your clientele and attracting new customers is the key to growing your business, as well as growing your income. Financial lending is one of the growing niches in the Fintech space and will experience massive growth in few years […]
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April 19, 2020
Lending as a side hustle: What I need to know
So, you want to branch out and earn some extra cash on the side. Becoming a small-scale lender might not have been the first idea on your list. It might not have even been the tenth. Maybe you’re on this page out of curiosity. You might even have clicked on that link just so you […]
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August 21, 2019
Why you need technology to scale your lending business
We’re in an age where technology shapes our lives. Technology impacts almost every sector of human life and businesses are not excluded. Today, technology is causing a revolution in the lending industry. For a long time, before technology improved the Fintech industry, banks were the known lending channels. But getting a loan from a bank […]
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August 20, 2019
5 Tips that can help you become a more efficient lender
Too many people start a business without considering obtaining skills that’ll help the business succeed. The requirement goes beyond dedication to sustain a successful business. You can achieve business success by planning out all the necessary steps you need to achieve success. According to Bloomberg, 8 out of 10 entrepreneurs who start businesses fail within the first […]
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August 15, 2019
A guide to promoting your lending business using digital channels
What is lending really about? In its most general sense, lending is a business that allows for temporary giving of money to another person known as a borrower with the expectation that it will be repaid with interest. What a simple concept! The lender is paid interest on the loan as a cost of the […]
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July 22, 2019
Why You Should Invest in a Lending Business
Would you be interested to make extra cash, borrowing out some of your excess funds to individuals? If yes, then you should consider investing in a lending business; popularly known as consumer lending. The lending business is on the rise as there are platforms that are now built to provide opportunities to individuals who want […]
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July 10, 2019
Five Tips on How to Become a Lender
This article is focused on assured tips that will guide you on how to become a successful money lender. The experience associated with borrowing from banks and other institutions has creatively led to the birth of many others joining the business of money lending. In trying to scale the hurdles encountered by people in obtaining […]
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