234Loan is transforming lives, one loan at a time
As their journey progresses, 234Loan has expanded its reach and encountered both challenges and triumphs. Let’s see how it all started and their story so far…
How to utilize configurable loan forms for your lending business
Learn more about Lendsqr's configurable loan forms today!
Assurdly increased employee happiness by 100%. You can do the same!
Assurdly helped its staff get access to loans for them to buy personal items and work tools. The employee happiness and engagements went through the roof!
Meet Adjutor: Your critical support for making better credit decisions
Nothing scares a lender more than giving loans to someone who doesn’t make the cut right from the start due to lack of affordable API service. Having sufficient data provides lenders with better assurance when lending to borrowers with a credible history of repayment. Unfortunately, as much as data and algorithms are good for smart […]
Paystack vs. Flutterwave – which is better for loan collection?
This is where many lenders get into arguments about which of Flutterwave or Paystack is better for loan collection. We decided to find out for our lenders.
Urgent10k: Meeting the emergency cash needs of Nigerians
Nigeria’s untapped consumer credit needs currently stands at about N109 trillion. Urgent10k is meeting the emergency cash needs of Nigerians
How to design a customer centric lending product
A good product is one which fits and addresses specific needs of the market. It’s almost impossible to gain market share or domination without tailoring one’s offerings to the needs of customers.
What do borrowers want from lenders?
Understanding what borrowers truly want goes beyond offering quick loans or competitive rates. Today’s borrowers value transparency, speed, flexibility, and a seamless digital experience. They want lenders who communicate clearly, offer fair terms, and provide support when it matters most. Meeting these expectations is not just about attracting customers, it’s about building trust, loyalty, and long-term relationships in an increasingly competitive lending market.
Why you should digitize your Ajo lending business
Digitizing your Ajo lending business can transform how you manage contributions, track loans, and engage members. Moving from manual records to digital tools improves transparency, reduces errors, and makes it easier to monitor repayments in real time. It also enhances trust among members while allowing you to scale operations more efficiently. In an increasingly digital world, embracing technology is no longer optional, it’s key to running a more reliable and sustainable Ajo system.
Preparing your income statement as a lender- management accounting 101
Preparing an income statement as a lender goes beyond simple bookkeeping, it is a critical tool for understanding profitability, tracking performance, and making informed decisions. From interest income and fee revenue to loan losses and operating expenses, every line tells a story about how your lending business is performing. For lenders, especially those still building structure, getting this right is essential to managing risk, ensuring sustainability, and gaining clear visibility into where the business is truly making or losing money.
Drafting a strategy for your lending business
Drafting a strategy for your lending business requires more than setting growth targets, it involves making clear decisions about your market, risk appetite, product structure, and operational model. From defining your ideal borrower to aligning your credit policies and funding approach, every element must work together to support sustainable growth. A well-thought-out strategy not only guides day-to-day decisions but also helps lenders stay resilient in the face of changing market conditions and borrower behavior.
