Getbucks Plots To Outmuscle Rivals

Monday, March 12, 2018

GetBucks Microfinance has pinned its hopes on cutting edge risk management technology, to sustainably gain leverage in the country’s increasingly congested microlending market.

GetBucks, a subsidiary of a Luxembourg-based mid-tier player, is battling for elbow room in a tightening market where other regional and global brands are fighting for traction.

With local consumers already heavily indebted to banks, retail hire purchase, insurance and others, and with more workers leaving formal employment for informal, analysts have said microlenders are fishing in an increasingly shrinking pond.

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Getbucks Plots To Outmuscle Rivals

GetBucks Microfinance has pinned its hopes on cutting edge risk management technology, to sustainably gain leverage in the country’s increasingly congested microlending market.

Rollers, Orapa brace for two-part sequel

Stanbic pretax profits up 11%

The audacity to be a unicorn

Faulty gadgets top complaints to BOCRA

Civil Society fights 'flawed' constitutional amendment

Civil Society calls for Constitution review governing Act

IEC rejects 2,513 registrations

Motshegwa prevails against detractors

Inspect the voters' roll!