Numida vs ManguCash – which is the best in Uganda
Borrower information

Numida vs ManguCash – which is the best in Uganda

Numida and ManguCash are two digital lenders making waves in Uganda’s financial space, offering different approaches to the same promise: fast, easy credit. The real question is which lender actually works for you and which one could leave you worse off? Let's unpack facts

Are lenders evil for charging high interest rates?
Lending

Are lenders evil for charging high interest rates?

The average lender today typically charges 4% — 10% per month (48% — 120% per year). Whoa. It makes you wonder how they recover loans at these rates. At first glance, it seems outrageous, even exploitative but there’s more to the story when you consider the risks and costs lenders face in Nigeria’s financial landscape.

What makes a great loan management software
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What makes a great loan management software

Whether you decide to build your loan software or use a LaaS platform like Lendsqr, consider these things