How some Nigerians get into chronic debt, and how to get out
Borrower information

How some Nigerians get into chronic debt, and how to get out

Let's face it – getting caught in a debt spiral is easier than we'd like to admit. Kiki's story shows how quickly a celebration can turn into a financial nightmare. But here's the good news: there's always a way out, even when things seem hopeless.

Why you should digitize your Ajo lending business
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Why you should digitize your Ajo lending business

Savings and investment have been an integral part of our local community from pre-colonial times. This largely due to the communal nature of the African community – we naturally tend to look out for each other, even where finances are concerned. The advent of formal and structured financing avenues have not completely substituted the thrift […]

What to consider when setting up a payday loan software
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What to consider when setting up a payday loan software

Payday loans are short-term loans that help borrowers bridge the gap between paychecks. Essentially, a Payday loan is any loan that’s tied to a salary date. Now, let’s take a look at some things to consider when setting up payday loan software