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Lending is a game of data – if you know as much as possible about your customer, you can make a good decision about whether to give a loan, how much to give, or even for how long to give or not to give. However, getting this data is harder than breaking a coconut with one’s head.
Key providers for lenders in Rwanda: Credit bureaus, credit scoring, and payments providers
These key providers for lenders in Rwanda have built a financial infrastructure that's helping lenders focus on growth instead of grappling with inefficiencies.
What is the National Credit Guarantee Company (NCGC)
So when the Federal Government of Nigeria announced the establishment of the National Credit Guarantee Company Limited (NCGC), expectations were naturally high, but so was the skepticism.