On Social Lender, Access to Micro Credit is simply based on Social Reputation. Social Lender leverages on your Social Reputation as collateral to offer micro-credit. Through your Social Reputation, A Social Reputation score is calculated and this determines if you are qualified to make a cash request. So basically the higher your Social Reputation Score the higher the amount you qualify for

Have you improved your Social Reputation Score???

 Don’t wait till you are in need of a loan before you improve your Social Reputation Score. With a qualifying Social Reputation Score, you can simply send an SMS to Social Lender to get cash in your account within 5 minutes. One of the ways to determine your social reputation is through your Friends, Family & Connections on the Social Lender Platform.

Have you used Social Lender in the past to obtain Microcredit??? Then stand a chance to win N10, 000!!! How to Participate: • Make a video (60secs) of yourself, telling…

A large share of the poor in Nigeria lack access to credit to support their livelihoods, build assets, or access quick cash in case of an unexpected emergency.

Social Lender in partnership with the Consultative Group to Assist the Poor (CGAP) is launching a pilot to test the predictive power of social data generated from mobile, online and social media platforms on loan repayment behaviour of low income earners who have little or no access to formal credit.

Social Lender is among a restricted group of partners that CGAP selected among nearly 200 firms and organizations that submitted proposals for digital innovations that have the most potential to advance financial inclusion in Africa.

The partnership with CGAP provides a platform to explore the use of digital-enabled lending systems, focusing on using USSD as the application model for Users with feature phones in Nigeria. The pilot will make available access to digital credit to the poor to help them meet liquidity gaps that typically arise due to unexpected needs (e.g., healthcare expenditures) or from the irregular nature of their income. The partnership also aims to better understand the impact of financial education on borrowers’ creditworthiness and loan repayment practices.

In partnership with Sterling Bank, Social Lender has been using its proprietary Social Reputation Scoring and Social Guarantor Model in providing access to quick cash to thousands of people in Nigeria via Web and SMS platforms.

In South Africa, Social Lender is helping financial inclusion by enabling alternative lending products where its partner bank (ABSA, a member of Barclays Africa) is able to give credit to customers with limited credit history. As a result, ABSA was recently shortlisted as a finalist in the Gartner’s Eye on Innovation Awards 2017 in the ‘Most innovative digital business model’ category.

Hi there,

Incase you missed the memo and the online buzz

The #iRepmyClub #SocalLender Campaign is currently on and you wouldn’t want to miss out of the fun.

Are you proud of your Club?

Do you believe your Club has what it takes to win titles this season?

Then go ahead and #RepYourClub in the #iRepMyClub Campaign and get rewarded for it.

This is the best time to join as there are loads of prizes to be won in the ongoing Campaign.

Social Lender CEO, Faith Adesemowo will be sharing on collaborating to achieve disruptive innovations in Nigeria’s Fintech at the Business Day Fintech Summit in Lagos.

The FINTECH Summit is scheduled as follows;

Date: July 21st , 2017.
Time: 9.00am prompt
Venue: Landmark Event Centre
Theme: Harnessing the power of disruptive innovation in Fintech

Developers, programmers and fintech innovators all over Africa are joining forces with Ecobank, the continent’s biggest banking ecosystem to transform finance through technology and innovation.

Ecobank is challenging Africa’s new generation of entrepreneurs to find lasting solutions to the continent’s most pressing banking issues.

Social Lender has been announced as one of the 20 innovators from across the continent.

Social Lender Team will be at Seamless Africa Conference holding from the 14th – 15th of March at the Cape Town International Convention Centre.

Bade Adesemowo, Co-founder at Social Lender will be speaking at the Seamless Payments sessions.

The conference seeks to explore the challenges, opportunities and trends that Africa’s leading banks and disruptors have to offer.

Social Lender will be at the 2017 Fintech Fair organized by CGAP. The 2017 CGAP partners Event holds in  Dar es Salaam, Tanzania from February 7-9, 2017.   CGAP (the…

Social Lender was featured in the  International Telecommunication Union (ITU) focus group on Digital Financial Services (DFS) report.  The report identified and evaluated ID and authentication systems, both private and…