How to get a lending license in Sierra Leone
If you operate without a lending license in Sierra Leone, you shall be punishable by a fine not exceeding Le5,000,000, or by imprisonment for a term not exceeding 180 days, or both. But, that’s not the only reason why you need one, right? Predatory lending thrives in markets with no regulation. While there may be […]
Frequently Asked Questions on Credit Reporting
Here are some of the most frequently asked questions about credit reporting that lenders or prospective lenders (especially in Africa) should keep in mind.
How Herconomy is making credit accessible to underserved women
In markets, offices, and small shops across Africa, women are constantly at work: running businesses, managing homes, and making daily financial decisions that keep families and communities afloat. Many of them dream of expanding what they’ve built, hiring more hands, or sending their children to better schools. But those dreams often pause at the threshold […]
