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Why Many Nigerian MSMEs May Be Locked Out of Access to Credit – Insights from KwikPay Credit’s MD

Admin, July 16, 2025
At Trafalgar Associates Ltd (owners of KwikPay Credit), we are committed to driving financial inclusion for micro, small, and medium-sized enterprises (MSMEs) across Nigeria.
In a recent interview with Nairametrics, our Managing Director shared critical insights into the growing challenges MSMEs face in securing credit, despite the rising number of fintech and digital lending platforms.
The article highlights:
✅ Why many MSMEs are excluded from credit access
✅ The data gaps and trust issues lenders face
✅ How fintechs like KwikPay are working to bridge the gap with innovative, data-driven lending models
✅ The role of regulation and collaboration with the government and financial institutions
At KwikPay Credit, we believe that access to credit should not be a privilege but a tool for growth. Through our flexible nano and SME loan solutions, we are helping entrepreneurs and everyday Nigerians meet their financial goals responsibly and sustainably.
📰 Read the full article here: Click to Read
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