From Ledgers to LendStack: Transforming Microfinance with Digital Solutions
The Manual Era: Challenges and Limitations Microfinance companies and money lenders have traditionally relied on manual processes for loan collections and accounting. This era was characterized by heaps of paperwork, ledgers, and physical records. Each transaction had...
7 Reasons Why Most Lenders Fail Within a Year
In regions such as India, Africa, Bangladesh, and Nigeria, the microfinance industry is crucial for economic development. However, many lenders face significant challenges, often leading to business failure within their first year. Understanding these pitfalls can...
Managing finances through digital channels for MicroFinance Industry
Understanding the equity market landscape in India Year 2022 draws to a close on a rather odd note. While equity markets have touched record highs, debt markets are struggling to find momentum. The temptations for investing in equity markets and disillusionment with...
Digital OneOffice vision for MicroFinance and Micro Lenders
Forging Digital OneOffice for MicroBusiness in India LendStack Digital OneOffice is designed where the teams function autonomously across the front, middle, and back offices. The application LendStack enables those functions to promote broader processes with...
