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206 results for "lending"

MTN Nigeria Restores Airtime Lending for Millions
Acts of KindnessMay 29

MTN Nigeria Restores Airtime Lending for Millions

Nigeria's largest telecom operator is bringing back its popular Xtratime service after regulators suspended strict new lending rules. Millions of customers will soon be able to borrow airtime and data again when they run out of credit.

TechCabal2 min read
India Tests Blockchain Lending to Help Farmers Access Credit
SolutionsFeb 12

India Tests Blockchain Lending to Help Farmers Access Credit

A new partnership is bringing blockchain technology to Indian agriculture, making it easier for farmers to get loans using their crops and equipment as collateral. The pilot program could transform how rural communities access financial services.

YourStory India2 min read
Michigan Awards $500K to Expand Clean Energy Lending
SolutionsApr 23

Michigan Awards $500K to Expand Clean Energy Lending

Michigan just handed out $500,000 to four groups creating new ways for homeowners and businesses to afford clean energy upgrades. The grants will train lenders, develop financing tools, and make green projects accessible to communities across the state.

Google: clean energy investment2 min read
Poland on Track to Graduate from World Bank Lending by 2031
Solutions6d ago

Poland on Track to Graduate from World Bank Lending by 2031

After 35 years of partnership, Poland's economic transformation has been so successful that it will soon no longer need World Bank loans. The new 2026-2031 framework shifts focus to innovation, private investment, and sharing Poland's success story with other developing nations.

Regional: poland development (PL)2 min read
M-KOPA Nigeria Lends $141M to Informal Workers in 2025
InnovationFeb 26

M-KOPA Nigeria Lends $141M to Informal Workers in 2025

A fintech company just helped one million Nigerians access their first smartphones and loans worth ₦231 billion. For informal workers long ignored by banks, it's changing how they earn a living.

Techpoint Africa2 min read
Finland's Libraries Lend Sewing Machines to Boost Democracy
Daily Mix3d ago

Finland's Libraries Lend Sewing Machines to Boost Democracy

While libraries close across the US and UK, Finland is expanding its 700+ libraries into community hubs where people borrow everything from sewing machines to podcast studios. The result? Nine library visits per person yearly compared to just 2.5 in Britain.

BBC Future3 min read
Nigerian Fintech Hits 99% Loan Repayment Rate
InnovationApr 9

Nigerian Fintech Hits 99% Loan Repayment Rate

A Nigerian fintech company just proved that small businesses can be excellent borrowers when given the right tools. Nomba's innovative lending approach is unlocking credit for thousands of businesses previously shut out by traditional banks.

Techpoint Africa2 min read
Bystander Lends Bike to Cop Chasing Suspect in Maryland
Community Heroes5d ago

Bystander Lends Bike to Cop Chasing Suspect in Maryland

When a suspect fled on foot in Montgomery County, a quick-thinking neighbor handed over their bicycle to help police make the catch. The unusual assist ended with an arrest and a heartwarming thank you from local officers.

Google News - Good Samaritan2 min read
King of Spain Lends Pope His Private Jet After Breakdown
Acts of KindnessJun 13

King of Spain Lends Pope His Private Jet After Breakdown

When Pope Leo's charter plane wouldn't start in the Canary Islands, Spain's King Felipe VI had the perfect solution: take mine instead. The unexpected gesture turned a three-hour travel headache into a heartwarming display of international friendship.

South China Morning Post2 min read
Kyoto Newspaper Lends Printers to DIY Zine Makers
Acts of KindnessJun 1

Kyoto Newspaper Lends Printers to DIY Zine Makers

As print subscriptions decline, a Japanese newspaper is giving its printing presses new life by sharing them with independent magazine creators. The move supports a thriving zine community that's drawing thousands to Tokyo fairs.

France 24 English2 min read
Spain's King Lends Pope His Plane After Flight Grounded
Acts of KindnessJun 13

Spain's King Lends Pope His Plane After Flight Grounded

When Pope Leo XIV's flight home from Spain hit a snag, King Felipe VI offered an unexpected solution. The gesture capped off a historic papal visit that drew over a million people.

Egypt Independent2 min read
Nigerian Fintech Keeps Loan Defaults Under 1% for 18 Months
SolutionsApr 10

Nigerian Fintech Keeps Loan Defaults Under 1% for 18 Months

A Nigerian fintech and bank just proved that smart lending can work even in tough economic times. While bad loans across Nigeria's banking system climbed to 7%, Nomba and Globus Bank kept defaults under 1% by using real-time business data instead of paperwork.

TechCabal3 min read
Kenya Requires Lenders to Verify Loan Repayment Ability
SolutionsApr 21

Kenya Requires Lenders to Verify Loan Repayment Ability

Kenya is introducing new rules that require all lenders to prove borrowers can afford loans before approval, tackling dangerous default rates in one of Africa's biggest digital lending markets. The change protects millions of mobile loan users from falling into debt traps.

TechCabal3 min read
IMF Rethinks Loans After Forest Loss Link Found
SolutionsMay 30

IMF Rethinks Loans After Forest Loss Link Found

New research shows countries lose 9% more forests during IMF loan programs, but the fund is now reviewing its lending approach. This could reshape how global finance protects nature while helping struggling economies.

Mongabay3 min read
African Fintech Powers $650M in Loans Across 5 Countries
Solutions2h ago

African Fintech Powers $650M in Loans Across 5 Countries

A Dubai-based fintech has facilitated over $650 million in loans across Africa, helping 40 million people access credit and savings. The company just rebranded to reflect its mission of making financial tools available to hundreds of millions more.

TechCabal2 min read
Kenyan Lender Hits 92% On-Time Repayment in Tough Market
SolutionsFeb 26

Kenyan Lender Hits 92% On-Time Repayment in Tough Market

While Kenya's banking sector struggles with a 15.5% bad loan ratio, one micro-lender is achieving 92% on-time repayment by visiting every first-time borrower in person. 4G Capital's "touch-tech" approach is proving that relationship-based lending works, even in stressed markets.

TechCabal3 min read
UK's Atom Bank Cuts Emissions 22% While Growing 29%
SolutionsFeb 13

UK's Atom Bank Cuts Emissions 22% While Growing 29%

A digital bank just proved you can grow your business and slash your carbon footprint at the same time. Atom Bank cut operational emissions by 22% while lending balances jumped 29% and customer numbers climbed 19%.

Google News - Emissions Reduction3 min read
Nigerian Fintech Lent $600M to 70,000 Small Businesses
SolutionsJan 29

Nigerian Fintech Lent $600M to 70,000 Small Businesses

Moniepoint disbursed over ₦1 trillion (roughly $600 million) to 70,000 Nigerian businesses in 2025, fueling a 36% average growth for borrowers. In a country where traditional banks leave small businesses behind, fintech platforms are stepping up with data-driven lending that's changing lives.

Techpoint Africa3 min read
Kenya Stops Apps from Auto-Raising Loan Limits
SolutionsApr 22

Kenya Stops Apps from Auto-Raising Loan Limits

Kenya just made a bold move to protect borrowers from spiraling debt by banning automatic credit limit increases. Digital lenders will now have to check if people can actually afford more money before offering it.

Techpoint Africa3 min read
Nigerian Clubs to Receive $355M FIFA World Cup Payout
SolutionsJun 10

Nigerian Clubs to Receive $355M FIFA World Cup Payout

Two Nigerian football clubs are about to receive a historic windfall from FIFA for lending their players during World Cup qualifying matches. The international football body is distributing $355 million to clubs worldwide, marking a 70% increase from the last tournament.

Punch Nigeria2 min read

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