₦ NGN
Language
Currency
‹ All headlines
TechCabal

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

3 weeks ago · Temitayo Jaiyeola
Nigeria’s financial inclusion is growing, but access to credit still lags
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 struggle to obtain affordable credit.
Get the EPELCON App v3.6.0
Invest, Learn & Earn on the go
Download APK
feedback Feedback