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. […]

A1 Credit: Using digital channels to give loans to Nigerians and SMEs
Information

A1 Credit: Using digital channels to give loans to Nigerians and SMEs

A1 Credit is helping millions of Nigerians and small businesses get access to credit without asking for an arm and a leg.

What lenders in South Africa should look for in a loan management software
Lender information

What lenders in South Africa should look for in a loan management software

If you lend money in South Africa, choosing the right technology is the most important software decision you ever make.