Description
Affordability Assessments 101: A Simple Guide to Credit and Affordability Assessment for Microfinanciers
Ensure responsible lending with confidence. Affordability Assessments 101 is a straightforward, easy-to-understand guide designed specifically for microfinance professionals. This booklet breaks down the essential principles and practices of conducting affordability assessments in line with South Africa’s National Credit Act (NCA) 34 of 2005.
Whether you’re new to credit provision or looking to sharpen your compliance procedures, this guide simplifies the complex requirements of the NCA and provides clear direction for implementing effective affordability assessment practices.
Inside, you’ll find:
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Clear Explanations of what constitutes a compliant affordability assessment.
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Practical Insights into evaluating a consumer’s ability to repay credit without over-indebtedness.
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Real-World Examples tailored to the microfinance sector.
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User-Friendly Guidance that helps align your lending processes with legal and ethical standards.
With Affordability Assessments 101, you gain the knowledge needed to make informed, responsible credit decisions—while staying fully compliant with regulatory obligations.
Make smart lending simpler. Get your copy of Affordability Assessments 101 today.
