Lidya is a Nigeria-based loan startup that provides small businesses with easy access to credit. Founded in 2016 by Co-Ceo Tunde Kehinde and Co-CEO Ercin Eksin. Its goal is to help business owners access loans and build a credit score through a simple lending process. At this point, one may be tempted to ask what makes Lidya different since credit platforms are dime a dozen in Nigeria. The answer to this is that Lidya gives loans to businesses with no credit history.
To a novice, this may seem rather difficult and risky. Since credit history gives lenders information on how much a business owes, how they service loans and how long it takes to service their loans. This information helps the lender to determine if the business is creditworthy. And if so? how much should they be given?
Lidya uses a credit algorithm to enable small businesses to build a credit score and access finances to expand their business. Then it accesses the musing over 100 data points to evaluate credit risk. And thus, most of their loans have gone to micro, small and medium-sized enterprises (MSMEs) in farming, hospitality, logistics, retail and real estate.
What is Lidy as service offerings?
Lidya offers its client’s a free online account and the Lidya application to aid their loan application process. Through both portals, MSMEs can share their bank account and transaction information with Lidya. And then apply for a loan, which ranges from $500 to $50,000 decided upon in 48 hours. Their Other services include:
Finance working capital for businesses: Lidya loans allow business owners to expand their business and generate more income. However, this depends on the cash flow in the business bank account. What’s more, businesses don’t need collateral to access loans.
Raise a business’s cash flow: With Lidya, business owners don’t need to wait for their invoices to get paid to pay their expenses or grow their business. Rather, Lidya provides the option of turning every invoice into an opportunity to make more money.
Handle finances digitally: Lidya notifies business owners via e-mail about the state of their loan process. On the other hand, it tracks business invoices and reminds customers about payments.
A Fast, easy and secure platform: Lidya’s online platform helps manage business invoices, loans and customer lists. It is safe and secure and protects data from any security breaches.
In addition, it helps businesses in their expansion opportunities, purchasing inventory, upgrading equipment, Hiring great talent, operating expenses, investing in social media, Managing cash flow and improving the workplace.
How to access finance through Lidya
Create an account and complete your profile in 5 minutes
Select loan type and choose the most relevant option to apply for a loan
Get a Loan through Lidya within 24 hours
In conclusion, Lidya is the future of finance for small businesses in frontier markets. Since they use mobile-first technology, fantastic customer experience, and proprietary credit scoring algorithms to help African businesses and individuals.
To sign up, open an account through the website or app in minutes. Ultimately, this gives you access to manage receivables and cash flow, access credit needed to grow your businesses, and build credit scores Lidya is Available in the USA, Uk, Nigeria, Poland, Portugal etc.
Featured Image Source: Technext NGGot a suggestion? Contact us: editor@connectnigeria.com
You might also like:
- Ultima Cards: Virtual Dollar Visa Cards Now Available to All Residents Across Africa
- Four Years Later: How Paystack Has Thrived Under Stripe
- The UNDP Timbuktoo FinTech Startup Accelerator Program
- Central Bank of Nigeria (CBN) Lifts Ban on Opay, Kuda, and Others
https://drugsoverthecounter.com/# over-the-counter drug
econazole nitrate cream over the counter potassium supplements over-the-counter
https://over-the-counter-drug.com/# best over the counter nausea medicine
over the counter sleep aid zofran over the counter
over the counter allergy medicine over the counter ed pills
over the counter oral thrush treatment metronidazole over the counter
https://over-the-counter-drug.com/# best over the counter acne treatment
best allergy medications over-the-counter male to female hormones over the counter
best over the counter sleep aid over the counter pink eye drops
https://zithromax.science/# where to get zithromax
drug information and news for professionals and consumers. Generic Name.
https://stromectolst.com/# stromectol price
Best and news about drug. Long-Term Effects.
Drugs information sheet. Read information now.
cost of ivermectin
Cautions. Everything about medicine.
Medicament prescribing information. Medscape Drugs & Diseases.
ivermectin 1
Top 100 Searched Drugs. Read information now.
Get information now. Definitive journal of drugs and therapeutics.
cost of stromectol medication
Commonly Used Drugs Charts. Read information now.
Prescription Drug Information, Interactions & Side. Get information now.
https://stromectolst.com/# stromectol 6 mg tablet
Commonly Used Drugs Charts. Some are medicines that help people when doctors prescribe.
Cautions. Drug information.
ivermectin cream cost
Some are medicines that help people when doctors prescribe. drug information and news for professionals and consumers.
Comprehensive side effect and adverse reaction information. Prescription Drug Information, Interactions & Side.
https://stromectolst.com/# buy ivermectin cream
Cautions. Everything what you want to know about pills.
Everything about medicine. Some are medicines that help people when doctors prescribe.
stromectol online
Get here. Prescription Drug Information, Interactions & Side.
What side effects can this medication cause? Get information now.
https://stromectolst.com/# ivermectin 2mg
Some are medicines that help people when doctors prescribe. What side effects can this medication cause?
Some trends of drugs. safe and effective drugs are available.
buy ivermectin uk
Long-Term Effects. Everything information about medication.
Everything about medicine. Read here.
stromectol prices
Comprehensive side effect and adverse reaction information. Read information now.
Get information now. Actual trends of drug.
lisinopril 40 mg brand name in india
Drug information. Read now.
Drugs information sheet. Drugs information sheet.
where buy generic mobic without insurance
Read here. safe and effective drugs are available.
All trends of medicament. drug information and news for professionals and consumers.
https://nexium.top/# where to buy generic nexium without prescription
Read now. Long-Term Effects.
Drugs information sheet. drug information and news for professionals and consumers.
lisinopril 10
Some are medicines that help people when doctors prescribe. Medscape Drugs & Diseases.
Actual trends of drug. Best and news about drug.
п»їbuy lisinopril 10 mg uk
Long-Term Effects. Everything about medicine.
Some trends of drugs. Read information now.
lisinopril 2.5 pill
Read now. earch our drug database.
Comprehensive side effect and adverse reaction information. All trends of medicament. can i get cheap avodart tablets
drug information and news for professionals and consumers. Drug information.
Commonly Used Drugs Charts. Best and news about drug. how can i get cheap avodart without prescription
Read here. п»їMedicament prescribing information.
Read information now. Definitive journal of drugs and therapeutics.
can i order cheap levaquin without dr prescription
safe and effective drugs are available. earch our drug database.
Read here. What side effects can this medication cause?
https://levaquin.science/# where to get generic levaquin without a prescription
Read information now. Best and news about drug.
Get here. All trends of medicament.
levaquin2us.top
Some trends of drugs. Some are medicines that help people when doctors prescribe.
Cautions. Definitive journal of drugs and therapeutics. https://amoxicillins.com/ amoxicillin 500 mg without prescription
Everything what you want to know about pills. п»їMedicament prescribing information.
Everything information about medication. drug information and news for professionals and consumers.
https://azithromycins.online/ zithromax cost australia
Generic Name. Get information now.
Everything what you want to know about pills. Learn about the side effects, dosages, and interactions.
https://clomiphenes.online can i order clomid for sale
drug information and news for professionals and consumers. Top 100 Searched Drugs.
Everything about medicine. Everything about medicine.
https://azithromycins.com/ can i buy zithromax online
Cautions. Everything about medicine.
Get warning information here. Medscape Drugs & Diseases. buy amoxicillin 250mg
Read information now. Long-Term Effects.
Top 100 Searched Drugs. drug information and news for professionals and consumers.
https://clomiphenes.online can you get clomid no prescription
What side effects can this medication cause? Prescription Drug Information, Interactions & Side.
Commonly Used Drugs Charts. Drugs information sheet.
can you get generic clomid prices
Prescription Drug Information, Interactions & Side. Medscape Drugs & Diseases.
Top 100 Searched Drugs. Best and news about drug.
https://azithromycins.com/ zithromax capsules 250mg
earch our drug database. Drugs information sheet.
Get warning information here. Medscape Drugs & Diseases.
can i purchase clomid without prescription
Actual trends of drug. Actual trends of drug.
Best and news about drug. Commonly Used Drugs Charts.
https://clomiphenes.com cost of cheap clomid pill
Read now. Read information now.
Some trends of drugs. Cautions.
https://finasteridest.com/ where buy cheap propecia without prescription
Some trends of drugs. Get warning information here.
Medscape Drugs & Diseases. Get information now.
clomid generic
All trends of medicament. Some are medicines that help people when doctors prescribe.
Get warning information here. Best and news about drug.
zithromax over the counter
Read information now. Comprehensive side effect and adverse reaction information.
Top 100 Searched Drugs. Drugs information sheet.
can you buy clomid without prescription
Everything information about medication. Drug information.
Cautions. п»їMedicament prescribing information.
online ed medications
Best and news about drug. Generic Name.
Read information now. Read information now.
otc ed pills
Definitive journal of drugs and therapeutics. Cautions.
Everything what you want to know about pills. Commonly Used Drugs Charts.
erectile dysfunction medicines
Everything about medicine. Best and news about drug.
drug information and news for professionals and consumers. Read now. https://amoxicillins.online/ amoxicillin 500 mg tablet price
Actual trends of drug. drug information and news for professionals and consumers.
safe and effective drugs are available. п»їMedicament prescribing information.
ed drug prices
Some are medicines that help people when doctors prescribe. п»їMedicament prescribing information.
Commonly Used Drugs Charts. Read information now.
ed pills otc
Medscape Drugs & Diseases. Learn about the side effects, dosages, and interactions.
Learn about the side effects, dosages, and interactions. Read here.
natural ed medications
Get here. Everything what you want to know about pills.
Read here. Long-Term Effects.
https://edonlinefast.com male ed drugs
Everything about medicine. Read now.
Medscape Drugs & Diseases. Commonly Used Drugs Charts.
ed treatment review
earch our drug database. drug information and news for professionals and consumers.
Comprehensive side effect and adverse reaction information. safe and effective drugs are available.
pet meds without vet prescription
Generic Name. Read now.
Best and news about drug. Medscape Drugs & Diseases.
prescription drugs online without doctor
Get here. Best and news about drug.
Get here. Learn about the side effects, dosages, and interactions.
https://canadianfast.com/# ed meds online without doctor prescription
Prescription Drug Information, Interactions & Side. drug information and news for professionals and consumers.
safe and effective drugs are available. Commonly Used Drugs Charts.
https://canadianfast.com/# best online canadian pharmacy
Some are medicines that help people when doctors prescribe. safe and effective drugs are available.
Drugs information sheet. Long-Term Effects.
buy canadian drugs
drug information and news for professionals and consumers. Get here.
Top 100 Searched Drugs. drug information and news for professionals and consumers.
https://canadianfast.online/# pain meds without written prescription
Get information now. Cautions.
Get warning information here. Read here.
https://canadianfast.online/# discount prescription drugs
Commonly Used Drugs Charts. Everything about medicine.
Prescription Drug Information, Interactions & Side. Get here.
canadian mail order pharmacy
Everything about medicine. Cautions.
Cautions. Drugs information sheet.
canadapharmacyonline
Some are medicines that help people when doctors prescribe. п»їMedicament prescribing information.
Long-Term Effects. Get warning information here.
canadian drug pharmacy
Long-Term Effects. Everything about medicine.
safe and effective drugs are available. Read here.
northern pharmacy canada
Actual trends of drug. Long-Term Effects.
Read information now. Cautions.
https://canadianfast.com/# dog antibiotics without vet prescription
What side effects can this medication cause? Cautions.
Generic Name. Drugs information sheet.
canadian pharmacy tampa
Read here. Drugs information sheet.
Actual trends of drug. Everything what you want to know about pills.
sildenafil 10 mg india
Drugs information sheet. Actual trends of drug.
Drugs information sheet. Everything information about medication.
https://viagrapillsild.online/# 75 mg sildenafil
All trends of medicament. Everything what you want to know about pills.
Comprehensive side effect and adverse reaction information. earch our drug database.
viagra c20 cialis
Definitive journal of drugs and therapeutics. Comprehensive side effect and adverse reaction information.
Cautions. Drugs information sheet.
https://viagrapillsild.com/# generic viagra buy
Commonly Used Drugs Charts. Read information now.
Get information now. Read here.
viagra online australia paypal
Definitive journal of drugs and therapeutics. Long-Term Effects.
Read here. What side effects can this medication cause?
https://tadalafil1st.online/# cialis on line
Some trends of drugs. Drug information.
Actual trends of drug. Get warning information here.
30 day free trial cialis
Best and news about drug. Read information now.
drug information and news for professionals and consumers. Learn about the side effects, dosages, and interactions.
cialis price at walmart
Drugs information sheet. Get here.
Get here. Learn about the side effects, dosages, and interactions.
cost of tadalafil generic
safe and effective drugs are available. Everything information about medication.
Some are medicines that help people when doctors prescribe. Read information now.
https://tadalafil1st.com/# how to buy cialis online
Prescription Drug Information, Interactions & Side. safe and effective drugs are available.
Drug information. Everything information about medication.
https://tadalafil1st.online/# tadalafil for sale in canada
Best and news about drug. Best and news about drug.
Get information now. Everything what you want to know about pills.
buy cialis no prescription
Read information now. Some trends of drugs.
Long-Term Effects. Prescription Drug Information, Interactions & Side.
https://tadalafil1st.online/# tadalafil online india
Get warning information here. Everything what you want to know about pills.
Prescription Drug Information, Interactions & Side. Actual trends of drug.
cialis online safe
Drugs information sheet. Best and news about drug.
Top 100 Searched Drugs. Comprehensive side effect and adverse reaction information.
https://amoxila.store/ amoxicillin 500mg capsules
Actual trends of drug. safe and effective drugs are available.
Comprehensive side effect and adverse reaction information. п»їMedicament prescribing information.
can i purchase clomid
Definitive journal of drugs and therapeutics. Read here.
All trends of medicament. Read information now.
how can i get propecia without prescription
Learn about the side effects, dosages, and interactions. Some are medicines that help people when doctors prescribe.
what is the best ed drug ed meds online pharmacy ed treatment natural
ed treatment review: mens erection pills – canadian drug pharmacy
prescription drugs online erectile dysfunction natural remedies ed drugs online from canada
best online canadian pharmacy: natural cures for ed – canadian online pharmacy
natural ed how to overcome ed ed meds online without doctor prescription
Viagra Preis Schwarzmarkt: Viagra 100 mg ohne Rezept – Viagra Generika kaufen Schweiz
Viagra 100 mg ohne Rezept: Sildenafil Preis – Viagra kaufen gГјnstig Deutschland
sildenafilo cinfa 25 mg precio: comprar viagra en espaГ±a – comprar viagra online en andorra
viagra para hombre venta libre: sildenafilo cinfa 100 mg precio farmacia – viagra online cerca de bilbao
https://drugswithoutdrprescriptions.com/# online prescription drugs
https://drugswithoutdrprescriptions.com/# pharmacy cost comparison
https://viasenzaricetta.com/# viagra online spedizione gratuita