What Chamas and SACCOs can teach lenders about group lending
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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 […]

Uburyo 5 bwo Kwigaragaza nk’Umugurizabikorwa Utandukanye mu Rwanda
Lender information

Uburyo 5 bwo Kwigaragaza nk’Umugurizabikorwa Utandukanye mu Rwanda

U Rwanda rwahinduye amateka yarurangwagamo n’ibikomere rukaba kimwe mu bihugu bifite iterambere ryihuse muri Afurika, bigaragarira mu mahame arugenga no mu bushake bwo kwiyubaka. Dushingiye ku bunararibonye dufite mu nganda z’imari, twasanze u Rwanda ari ahantu heza ho gukorera inguzanyo hifashishijwe ikoranabuhanga. Imiyoborere myiza n’iyubahirizwa ry’amategeko bigaragara mu Rwanda bituma habaho icyizere ku isoko ry’imari. […]

Frequently asked questions on payments at Lendsqr
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Frequently asked questions on payments at Lendsqr

This article explains how cards are stored and charged, which providers power each transaction, how repayments flow into the borrower’s wallet, what happens when payments fail or get stuck, and the safeguards that ensure the entire process is accurate and traceable.