Exactly exactly exactly How low-income women that are nigerian no credit rating are receiving loans from banks

Exactly exactly exactly How low-income women that are nigerian no credit rating are receiving loans from banks

A busy mom of three operating a produce stall in Lagos’s crowded Balogun market has sufficient urgent matters to deal with—keeping her business afloat, feeding her family members, spending her young ones’ school fees—and investigating loans from banks seldom makes her to-do list. She can be dreaming of financing to cultivate her business and place her household on more stable ground, however the prospect of borrowing cash from the bank appears not merely daunting, but unattainable. To date, she has relied on restricted credit from vendors, buddies, or family—when and available—so she can meet her most pressing financial needs if they make it. Read more