By Rukayat Moisemhe
A financial expert, Mr Gbemi Adelekan, has advised Micro, Small and Medium Enterprises (MSMEs) to ensure a solid repayment history to enhance their credit scores and improve their access to funding.
Adelekan, also the Chief Executive Officer of KwikPay Credit, gave the advice on Saturday in Lagos in an interview with the News Agency of Nigeria (NAN).
KwikPay Credit is a financial services provider and licensed lender by Trafalgar Associates, approved by the Federal Competition and Consumer Protection Commission (FCCPC).
Adelekan said that in Nigeria, accessing credit facilities was crucial for individuals and enterprises to meet various financial needs and increase circulation of disposable income and engender business sustainability.
He emphasised that a strong repayment history would enhance access to higher levels of funding that would enable expansion of small businesses into larger enterprises and increase their performances.
“A short-term loan with a…
Source: News Agency of Nigeria
