A deep overview of consumer credit in Zambia - Lendsqr
This article provides a clear, practical overview of consumer credit in Zambia from 2019 - 2024. It covers how technology is changing access to credit.| Lendsqr - Empowering the smartest lenders
This article provides a clear, practical overview of consumer credit in Zambia from 2019 - 2024. It covers how technology is changing access to credit.| Lendsqr - Empowering the smartest lenders
This report explores these developments in depth and presents a narrative-driven overview of Botswana’s consumer lending journey over the past five years.| Lendsqr - Empowering the smartest lenders
Executive summary In Ghana today, running a small business isn’t just a choice. It’s a means of survival and progress. With over 80% of employment coming from the informal sector, entrepreneurship is often the default path for many Ghanaians, especially the youth. From food sellers to online vendors and fashion designers in Accra, micro and| Lendsqr - Empowering the smartest lenders
If lenders in South Africa can meet borrowers where they are economically, culturally, and socially, there may be a path forward that reduces default risk.| Lendsqr - Empowering the smartest lenders
Hello there! 👋 Happy new month and welcome to September! 🌞 Two thirds of the year are already behind us. Back in January, many of us set ambitious plans and goals; September is the time to bring those intentions full circle, measure results, and push forward to finish strong. 💪 For us at Lendsqr, it’s […] The post 💡 Give your customers flexible access to funds with overdraft first appeared on Lendsqr.| Lendsqr
In 2025, loan origination systems (LOS) are one of the sharpest differentiators between lenders that grow and lenders that stall. The post Top loan origination systems worth considering in 2025 first appeared on Lendsqr.| Lendsqr
This report takes a closer look at how traditional banks, government programs and new digital lending platforms are transforming the financing journey for small businesses. The post A deep overview of business and SME loans in the Philippines first appeared on Lendsqr.| Lendsqr
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 post What Chamas and SACCOs can teach lenders about group lending first appeared on Lendsqr.| Lendsqr
Uganda’s experience illustrates that solving the problem of defaults is not simply about adjusting loan terms or improving credit scoring. It requires an understanding of the cultural frameworks that guide how people borrow, how they prioritize repayments, and how they perceive the consequences of failing to meet their obligations. The post A cultural view of loan defaults in Uganda first appeared on Lendsqr.| Lendsqr
Find out how to ensure loan repayments in Sierra Leone without turning every collection into a battle. The post Effective loan collection for lenders in Sierra Leone first appeared on Lendsqr.| Lendsqr
Across Africa, automation has changed how lenders think about credit. Mobile-first lending apps, USSD-based products, and fully digitized bank loans have brought speed and scale that would have been impossible through paper forms and long committee meetings. A borrower who once had to queue in a branch can now get money in minutes, thanks to […] The post How manual underwriting still fits into an automated loan process first appeared on Lendsqr.| Lendsqr
In the years before 2009, credit cards had become one of the most common forms of consumer borrowing in the United States. By 2008, household credit card debt had climbed past $900 billion, according to Federal Reserve data, and card issuers were enjoying some of their most profitable years. The business model was clear: interest […] The post What is the Credit Card Act and why was it introduced? first appeared on Lendsqr.| Lendsqr
Finding the right loan app on an iPhone in South Africa is about speed, security, and fair pricing. The best apps combine smooth Apple integration with transparent lending, giving borrowers control and confidence. The post Best loan app for iPhone users in South Africa first appeared on Lendsqr.| Lendsqr
Explore how cultural attitudes shape loan defaults in Sierra Leone between 2019 and 2024, offering fresh insights for lenders and policymakers.| Lendsqr - Empowering the smartest lenders
This guide takes a clear look at where Nigerians across different income levels and needs can find loans with the lowest possible interest rates.| Lendsqr - Empowering the smartest lenders
Lending automation sets you up for measurable success, better customer relationship management, and overall business growth. Discover how!| Lendsqr - Empowering the smartest lenders
Nigeria’s Federal Competition and Consumer Protection Commission (FCCPC) has published the Digital, Electronic, Online, or Non-Traditional Consumer Lending Regulations 2025. If you are in consumer lending, whether as a digital lender, app developer, service provider, or partner, these regulations are not optional. They define exactly how you can operate, the approvals you must get, and| Lendsqr - Empowering the smartest lenders
The big question is: where’s the best place to launch your loan app to reach the most users? Let's take a closer look at the one of them - Apple App Store.| Lendsqr - Empowering the smartest lenders
If you gain any form of benefit from a lending transaction, whether in cash, goods, commissions, or barter, the FCCPC considers you covered under these regulations.| Lendsqr - Empowering the smartest lenders
Today, though, we’re diving into the nitty-gritty of how to get a Finance House license. Don’t worry. We’ll walk you through the steps and show you precisely what you need. But first, let’s do a quick refresher on what a Finance House license is all about.| Lendsqr - Empowering the smartest lenders
The FCCPC license is regarded as one of the toughest licenses to get in Africa. But we’ve done the grunt work of putting together all the necessary requirements and information you need to obtain your mandatory FCCPC license.| Lendsqr - Empowering the smartest lenders
The Federal Competition and Consumer Protection Commission (FCCPC); the regulatory agency responsible for ensuring consumer protection and regulating competition in Nigeria, recently released a Limited Interim Regulatory/Registration Framework for Digital Lending. This regulatory framework is enforceable whilst they work on a more comprehensive framework to guide the operations of digital lenders in Nigeria. The Commission| Lendsqr - Empowering the smartest lenders
This guide breaks down what the new FCCPC regulations mean, who they apply to, and how affected businesses can prepare.| Lendsqr - Empowering the smartest lenders
Loans are frequently tied to collateral. However, what isn’t commonly known is that not all loans require it. So how do lenders handle such risky loans?| Lendsqr - Empowering the smartest lenders
This guide will walk you through everything you need to know about securing a student loan as a Zimbabwean studying in the UK.| Lendsqr - Empowering the smartest lenders
Credit union vs Money lenders: If you’re weighing your options, it’s worth understanding how both operates,| Lendsqr - Empowering the smartest lenders
When you choose effective debt collection practices, treat debtors with respect and adhere to the law, you're more likely to collect what you're owed.| Lendsqr - Empowering the smartest lenders
Believe it or not, there are 7.4 million MSMEs in Kenya struggling to access credit, desperately waiting for you to decide to set up shop as a lender in Kenya.| Lendsqr - Empowering the smartest lenders
Given the rapid growth and popularity of digital lending, getting a lending license in Kenya has become necessary for businesses who seek to tap into this market.| Lendsqr - Empowering the smartest lenders
These payment gateways in Kenya and credit bureaus can help you make smart decisions and manage your operations smoothly in the growing digital lending market.| Lendsqr - Empowering the smartest lenders
Niba ari fagitire y'ubuvuzi y'ibanze, gusana inzu byihutirwa, cyangwa se gukomeza kubaho kugeza umushahara ugiye kuza, turabereka porogaramu nziza zo kwaka inguzanyo ya 50,000 RWF mu buryo bwihuse.| Lendsqr - Empowering the smartest lenders
As a lender getting the hang of the lending industry in Rwanda today, a thorough understanding of the legal frameworks is required.| Lendsqr - Empowering the smartest lenders
Drawing from our extensive experience and industry knowledge, we've found Rwanda to be an ideal environment for digital lending. Find out 5 ways to stand out!| Lendsqr - Empowering the smartest lenders
This piece walks through the current loan collection system in Namibia and where smart lenders are focusing their energy if they want to stay in the game.| Lendsqr - Empowering the smartest lenders
Empowering the smartest lenders| Lendsqr - Empowering the smartest lenders
As a digital money lender, you want to make getting paid a breeze for you and your customers. Direct debit is one of the best ways to get repaid. In Nigeria today, Remita happens to be one of the leading direct debit providers.| Lendsqr - Empowering the smartest lenders
As a digital money lender, you need different technologies to ensure you get paid back. Lendsqr has done a fantastic job of making all these technologies available to you. Paystack happens to be one of the companies we’ve integrated with and is available to all our lenders.| Lendsqr - Empowering the smartest lenders
Let’s take a look into how you can navigate these waters and establish a thriving lending business in Trinidad and Tobago.| Lendsqr - Empowering the smartest lenders
If you're trying to figure out how to finance your studies in the UK, here’s a step-by-step guide to securing a student loan as a Kenyan student.| Lendsqr - Empowering the smartest lenders
Most business owners in Kenya are full of ideas but lack the capital to execute. If you're a business owner, this guide makes getting a loan straightforward.| Lendsqr - Empowering the smartest lenders
This report provides a deep dive into the direct debit ecosystem in Kenya from 2019 to 2024. It also examines the regulatory framework governing the system.| Lendsqr - Empowering the smartest lenders
This article explores how digital credit has evolved in Kenya, the challenges it has faced, and the regulatory framework that now governs it.| Lendsqr - Empowering the smartest lenders
This report explores the rise of loan management software in Rwanda, its role in financial services, key players, challenges, and what the future holds .| Lendsqr - Empowering the smartest lenders
In Rwanda, business and SME loans are designed to support the capital and operational needs of enterprises ranging from micro to medium-sized businesses.| Lendsqr - Empowering the smartest lenders
In this guide, we will outline the essential steps to securing a business loan in Zimbabwe, covering lender requirements, the best loan options, and practical tips to enhance your chances of approval.| Lendsqr - Empowering the smartest lenders
That’s where Lendsqr comes in. The end-to-end loan management software offering enterprise-grade features without the enterprise-grade costs.| Lendsqr - Empowering the smartest lenders
Nothing gets your heart racing several miles per minute like the chance that you may not recover your loans right?| Lendsqr - Empowering the smartest lenders
Why settle for complicated bank processes when the solution is right in your pocket? Instant personal loan apps are reshaping the dreams of those in India| Lendsqr - Empowering the smartest lenders
There’s no shortage of research to show how crucial consumer credit is to the average Nigerian and the economy as a whole. But we like to think of credit from how it affects people and it is often the one tool people use to deal with economic shocks. In Nigeria, those economic shocks can be| Lendsqr - Empowering the smartest lenders
Zimbabwe’s lending market is like playing a game of Jenga—stacking loans high and hoping it doesn’t all come crashing down. With nominal lending rates that hit a staggering 242% in 2022 (now down to 32.4%), it’s safe to say borrowing here isn’t for the faint-hearted. But lenders aren’t worried about flashy interest rates—they’ve got bigger| Lendsqr - Empowering the smartest lenders
We’ve narrowed down the five most reliable apps that can get you CUP1,500 when you need it most, without any hassle or unpleasant surprises.| Lendsqr - Empowering the smartest lenders
If you’re considering lending in Cuba, here’s what you need to know to get started.| Lendsqr - Empowering the smartest lenders
If you’re considering stepping into Cuba's emerging market, here’s a guide to help you through the process.| Lendsqr - Empowering the smartest lenders
Let’s explore Lendsqr and Mambu, not just the features but the possibilities they represent for a society looking for new ways to improve credit.| Lendsqr - Empowering the smartest lenders
This guide will walk you through the steps to obtain a lending license in Trinidad and Tobago, including tips to help you meet all legal obligations.| Lendsqr - Empowering the smartest lenders
How are local lenders ensuring they don't take on too much risk? By relying on the right partners. Let’s break down the top players shaping the lending ecosystem in Namibia.| Lendsqr - Empowering the smartest lenders
In Kenya, the lenders battle against fraudsters with an estimated 3.2 million people have been blacklisted on Kenya’s TransUnion credit reference bureau.| Lendsqr - Empowering the smartest lenders
A lender’s worst nightmare is being unable to recover loans. This fear has a compelling hold on lenders that many have resorted to scare tactics, harassment and misusing borrowers’ data to force repayment. More often than not, adopting these unethical methods of loan recovery exposes the dire need for improvement of the lenders’ system for| Lendsqr - Empowering the smartest lenders
Are we the only ones who find it alarming that there are digital lenders who give out loans to Nigerians without a credit history? Where exactly is the confidence coming from? Many Nigerians don’t have a formal credit history but this is no surprise. The credit gap in Nigeria is N109 trillion wide and the| Lendsqr - Empowering the smartest lenders
Lendsqr has taken a bold step to make lending more secure and effective by offering a feature that allows lenders to link multiple credit bureaus services. This innovative feature is a game-changer for the lending industry in Nigeria, where access to accurate credit information is vital for managing credit risk and reducing non-performing loans. At| Lendsqr - Empowering the smartest lenders
Consumer lending is basically loans to individuals, like me and you, to purchase goods and services. Of the forms of consumer lending, credit cards are perhaps the most popular. Yet, if you’re a Nigerian reading this, that last sentence is not very relatable, mostly because not only is consumer lending uncommon in Nigeria, credit card| Lendsqr - Empowering the smartest lenders
Many up-and-coming lenders claim to be financially inclusive and say they are bridging the credit gap, and Coverdey champions these lenders.| Lendsqr - Empowering the smartest lenders
The frustration that comes from not being able to recover your money because Nigerians don’t pay back their loans on time isn’t up for debate. After all, we all get replete with stories of the high and mighty, and the not so mighty, dragging it out with banks regarding bad loans. “The Nigerian attitude to| Lendsqr - Empowering the smartest lenders
Read how direct debit is simplifying payment collection!| Lendsqr - Empowering the smartest lenders
Understand what the CBN's Global Standing Instruction (GSI) is and how it affect loan repayments within the Nigerian financial ecosystem| Lendsqr - Empowering the smartest lenders
At Lendsqr, we believe that just like the way the internet created a level playing field and ushered Africa into the modern age, technology for lending should be powerful, accessible, and affordable.| Lendsqr - Empowering the smartest lenders
Identity verification and liveness checks are central to lending. Learn how we used AWS to build our identity and liveness system.| Lendsqr - Empowering the smartest lenders
Several moons ago, we told you about our new Direct debit feature and how soon it would be available for our lenders. We're proud to announce that "we did a thing" with the new direct debit feature.| Lendsqr - Empowering the smartest lenders
A loan management software is the operating system for lenders, without which most modern and progressive lenders cannot succeed. Any idea what it is?| Lendsqr - Empowering the smartest lenders
For any lending business to be profitable, a lender must be assured of recovering their loan. Here are a few practical guides on how to determine if you should lend to a borrower or not.| Lendsqr - Empowering the smartest lenders
Nigeria's 200 million population offers a vast potential for consumer loans. This guide explores strategies to tap into this market.| Lendsqr - Empowering the smartest lenders
Credit plays an important role in driving economic growth in developing countries like Nigeria by increasing the purchasing power of individuals and households| Lendsqr - Empowering the smartest lenders
A typical loan app primarily involves three (3) key things: Onboarding, Decisioning, and Payment. Use Lendsqr API to make this a reality.| Lendsqr - Empowering the smartest lenders
The website from which you got to this page is protected by Cloudflare. Email addresses on that page have been hidden in order to keep them from being accessed by malicious bots. You must enable Javascript in your browser in order to decode the e-mail address.| blog.lendsqr.com
Saying, “I don't want high-risk borrowers,” is one thing; articulating the low-risk customers you seek is another. We have done the grunt work of identifying and categorizing traditionally low-risk borrowers.| Lendsqr - Empowering the smartest lenders
In the world of mobile app development, there are many ways to skin a cat, and React Native is one of them.| Lendsqr - Empowering the smartest lenders
When it comes to getting paid as a lender, having a dependable card payment solution is paramount. So, if you're curious to find the right fit for your lending business, come along.| Lendsqr - Empowering the smartest lenders
With many options available in the market, two prominent loan management platforms that often stand out are Indicina and Lendsqr. Learn more about them.| Lendsqr - Empowering the smartest lenders
At the core of any decent loan management software, you must have payment services or providers that help you manage your loan disbursement and collection process.| Lendsqr - Empowering the smartest lenders
When we started Lendsqr, like every right thinking startup, we relied on SendGrid, which is well-regarded as one of the top email systems globally. While it served us well, as we grew, we found it didn't fully meet all our needs and those of our lenders anymore. After weighing the pros and cons, we knew it was time to find an alternative. So, we began building what the world would soon know as Mailer.| Lendsqr - Empowering the smartest lenders
Lending-as-a-service (LaaS) is in the business of technology and not money lending| Lendsqr - Empowering the smartest lenders
