What will it take to give loans at scale in Nigeria

Episode 212 February 21, 2024 00:30:59
What will it take to give loans at scale in Nigeria
Techpoint Africa Podcast
What will it take to give loans at scale in Nigeria

Feb 21 2024 | 00:30:59


Hosted By

Chimgozirim Nwokoma Oluwanifemi Kolawole Bolu Abiodun

Show Notes

On today's podcast, we have Chijioke Dozie, CEO of Nigerian fintech, Carbon, talk to us about what it would take to give loans at scale in Nigeria. 
This is a new format we're trying. Please let us know what you think via email (podcast@techpoint.africa) or in the Q & A section on Spotify.
Attend our webinar on the Employer Handbook: The 5 biggest hiring and employment mistakes that can lead to litigation, penalties, and loss of funds (and how to avoid them)
Register to attend here.
Subscribe to The Modern WorkplaceEquity Merchants, Techpoint Digest and Intelpoint's newsletter 
00:00 - Cold open
00:41 - Intro
01:00 - News headlines this week
02:24 - We meet Chijioke
02:42 - Are Nigerians credit averse?
03:42 - Lessons from the friends and family trope
04:32 - How customers and bankers reacted to Carbon
06:05 - Biggest barriers to lending in Nigeria
08:17 - Should fintechs have access to GSI?
11:27 - Attend our webinar on legal loopholes for employers
12:42 - The role of credit bureaus
16:01 - The role of regulation
17:05 - Why collaboration to fight fraud doesn't work
19:39 - How can partnerships help
22:30 - Credit as a customer acquistion strategy
24:11 - Top three lessons from giving out loans to Nigerians
29:33 - Nigeria's macroeconomics could change lending behaviour
News stories we mentioned
This episode was produced by Ogheneruemu Oneyibo and Gracious Sede
Email us your feedback at podcast@techpoint.africa. Visit www.techpoint.africa/ for more stories.
Music - Beach by MBB - https://www.youtube.com/watch?v=dEnQ8dHwDSk
Find us on Twitter, Facebook, Instagram, and TikTok @TechpointAfrica

Other Episodes

Episode 108

July 19, 2022 00:35:23
Episode Cover

Trials of a fintech founder

African (especially Nigerian) fintechs have been unable to catch a break for some weeks now. From Flutterwave being embroiled in several controversies to virtual...



July 10, 2020 00:36:33
Episode Cover

Lagos is building its own unified Internet fibre infrastructure

Watch today's episode on YouTube. https://youtu.be/6AJGt_avp_M Read all Techpoint articles referenced on today's episode here. https://techpoint.africa/topics/techpoint-africa-podcast-44/ Join the conversation about Twitter's subscription service. https://community.techpoint.africa/t/twitter-considering-subscription-model/862...



May 08, 2020 00:24:43
Episode Cover

ORide is pivoting to OExpress

Read all Techpoint articles referenced on today's episode here. https://techpoint.africa/topics/techpoint-africa-podcast-35/ Nigerian startups raised $55.37m in Q1 2020; over 99% of which came from foreign...