Best loan management software for Kenyan lenders: Lendsqr vs. Presta
Digital lending has completely transformed Kenya’s financial landscape, thanks in large part to mobile money platforms like M-Pesa. With over 83% of Kenyans using mobile money, access to quick credit has never been easier. This rise in digital lending has driven adoption rates sky-high—making it simpler for millions of Kenyans to access loans in minutes […]
Expand your lending business with customer incentives
Customer incentives can be a powerful lever for growing a lending business when used strategically. From interest rate discounts and referral bonuses to flexible repayment rewards, the right incentives can attract new borrowers while encouraging repeat usage. But beyond acquisition, incentives also shape borrower behavior and loyalty, making it important to design them in a way that supports both growth and risk management. When aligned with your overall strategy, they can help you scale sustainably without compromising profitability.
Why Credit Scoring is Important to Lending
A big determinant in whether you decide to lend a borrower money or not is the confidence you have in the borrower’s ability and willingness to pay you back.