How to start a money lending business in Zambia
How to

How to start a money lending business in Zambia

In Zambia today, many people are struggling to access the credit they need. Over 60% of adults can’t get loans or use formal banking services, and the situation is even tougher in rural areas, where nearly 80% of people are excluded from financial services altogether. While Zambia’s economy has grown over the years, much of […]

Importance of credit scoring for loan decisions
Lending

Importance of credit scoring for loan decisions

Credit scoring has revolutionized the financial landscape by replacing gut feeling with data-driven precision. By analyzing a borrower’s financial history lenders can accurately predict risk in seconds. This systemic approach doesn't just protect financial institutions from defaults; it democratizes access to capital, allowing for faster processing times and more competitive interest rates for reliable borrowers. In short, the credit score is the gatekeeper of financial opportunity.

Effective loan collections for lenders in South Africa
Lender information

Effective loan collections for lenders in South Africa

This article breaks down what effective loan collection looks like in the South African context, what’s holding lenders back, and how to improve results without increasing risk.