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Interest rate barriers to credit access in Nigeria

The National Bureau of Statistics show the average interest rate charged by the commercial banks on a loan at 17.09% in Q3 2016 up from 16.82% in Q1 2016. The... read more →
  • January 14, 2017
  • StartCredits
  • Loans

Access to credit and the collateral registry

Nigeria’s 37mn SMEs contribute to economic growth and job creation, but face difficulties accessing credit due to collateral requirements by the banks. SMEs are typically unable to utilize most of... read more →
  • January 4, 2017
  • StartCredits
  • Loans

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