What Chamas and SACCOs can teach lenders about group lending
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What Chamas and SACCOs can teach lenders about group lending

Group finance has a reach that many fintechs still underestimate. In Kenya, SACCOs that operate under regulation reported 6.84 million members in 2023, a number that shows how much formal group lending has grown. Beyond that, informal savings groups called chamas are even more widespread. Estimates suggest there are around 300,000 active chamas, each managing […]

The impact of AI in loan underwriting and collections in Zambia
Lender information

The impact of AI in loan underwriting and collections in Zambia

Zambia's loan underwriting methods can't keep pace with the country’s financial needs. This article explores how AI is being applied to underwriting and collections in Zambia, the limitations it seeks to solve, and the opportunities it presents for building a better financial system.

How to get lending license in Ghana
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How to get lending license in Ghana

Getting a lending license in Ghana demands careful planning, from getting capital to building a strong operational foundation.