Microfinance institutions play a critical role in driving financial inclusion in Nigeria. However, they face numerous challenges, including insufficient technology infrastructure. Lidya is addressing these challenges with its technology-enabled solutions, empowering microfinance institutions to extend credit to more people and drive financial inclusion.
Lidya’s technology is empowering microfinance institutions to increase their loan portfolios and serve more clients. With Lidya Credit Infrastruture, microfinance institutions can manage their loan portfolios digitally, reducing the time and cost of manual processes. Lidya Collect also provides access fully digital and automated collection tools, thar will allow lenders to get their money back and re-use it to finance more people and SMEs.
By enabling microfinance institutions to extend credit to more people, Lidya is driving financial inclusion in Nigeria. This is crucial for promoting economic growth and reducing poverty in the country.
If you’re a microfinance institution looking to increase your loan portfolio and drive financial inclusion, sign up on Lidya Collect today.