Nigeria’s financial inclusion is growing, but access to credit still lags

T2Covered by 1 source · first reported by Africa: TechCabal / Techpoint Africa / TechCentral / WeeTracker / Ventureburn at 19 Oct, 10:10 UTC

For lenders, they must determine whether a borrower earns enough to repay, whether that income can be verified, what other financial obligations the borrower has, and how likely they are to meet the repayment schedule. As a result, people can participate in the formal financial system and still…

Sources

• T2Nigeria’s financial inclusion is growing, but access to credit still lagsAfrica: TechCabal / Techpoint Africa / TechCentral / WeeTracker / Ventureburn19 Oct, 10:10