A cultural view of loan defaults in Malawi
How to

A cultural view of loan defaults in Malawi

Executive Summary Between 2019 and 2024, Malawi has seen both a rapid expansion in personal lending and a growing struggle with defaults. While commercial banks, microfinance institutions (MFIs), savings and credit cooperatives (SACCOs), village savings and loan associations (VSLAs), and new digital lenders have opened up access to credit, many Malawians still find it difficult […]

How to get the best out of Mifos? Pair it with Lendsqr
How to

How to get the best out of Mifos? Pair it with Lendsqr

While Mifos excels at managing the back-end ledger and core banking functions, it does not offer a full suite of tools that modern digital lenders require to operate competitively.

How to use Remita for your loan repayments on Lendsqr
Finance

How to use Remita for your loan repayments on Lendsqr

As a digital money lender, you want to make getting paid a breeze for you and your customers. Direct debit is one of the best ways to get repaid. In Nigeria today, Remita happens to be one of the leading direct debit providers.