A cultural view of loan defaults in Kenya
Industry Information

A cultural view of loan defaults in Kenya

Executive summary  From 2019 to 2024, Kenya experienced a steady rise in personal and consumer loan defaults, driven not just by economic challenges, but deeply rooted cultural behaviors, social expectations, and shifting attitudes towards debt. While formal banks, microfinance institutions, and mobile lenders expanded access to credit, repayment struggles mirrored longstanding cultural and communal dynamics. […]

How to get started as a lender in Kenya
How to

How to get started as a lender in Kenya

Believe it or not, there are approximately 7.4 million MSMEs in Kenya struggling to access credit, desperately waiting for you to decide to set up shop as a lender in Kenya. Getting started as a lender in Kenya means stepping into a market with a $1.1 billion credit gap. If you’re worried about competition, know […]

Lendsqr introduces liveness check to help South African lenders reduce fraud
Press Release

Lendsqr introduces liveness check to help South African lenders reduce fraud

Stop identity fraud in its tracks! Lendsqr’s new Liveness Check brings advanced AI biometrics to South African lenders, ensuring applicants are real and present. Secure your portfolio and build trust with frictionless identity verification.