On January 2023, Lidya hosted the MicroFinance 2.0 – Digitize your MFB today roundtable to discuss the opportunities and challenges presented to the Microfinance ecosystem in Nigeria. It was a great moment to share experiences and understand how microfinance organizations can seize the digital opportunity and revolutionize their assessment, disbursement, and collections of credit, today.
At this event, we met with more than 40 different MFBs in Lagos and we were delighted to have our partner Accion sharing their experience with Lidya as the primary Credit Enabler for their business.
Both Taiwo Joda, CEO Accion MFB and Tunde Kehinde, CEO Lidya (former CEO Jumia), had a fruitful conversation on the Finance Landscape in Nigeria and shared with the audience the use case of the partnership developed between Lidya and Accion over the last few months.
Microfinance Banks are a strong force in Nigeria and as they grow, they need a technological infrastructure to manage their lending business from Customer Acquisition, Loan Origination and Management to Loan Collection, making all these steps easier and automated.
Collections was identified as the major pain point. We were glad to invite the audience to test Lidya Collect, our own automated collection tool that helped us reduce our NLPs to just 1%. Lidya has several solutions that support Microfinance institutions, to help their business to scale in an effective and automated way.
Collections. Helping your customers collect payments digitally today.
Credit. Technology to help you assess, disburse and collect digital credit today.
Payments. Helping your customers accept digital payments today.
If you did not have the chance to be present at this roundtable, and you are interested in our solutions, you can always reach out to us by email and book a demo.
