Lendsqr bridges Namibia's digital divide with offline lending

Lendsqr, a global Lending-as-a-Service (LaaS) company helping institutions build, scale, and manage digital credit offerings, has introduced its offline lending feature in Namibia. The feature allows lenders to extend credit to customers without smartphones, internet access, or even basic digital literacy, solving a key challenge for financial inclusion in the country.



In Namibia, where many rural and peri-urban communities still operate outside the reach of consistent internet infrastructure, lenders face a tough choice: embrace digital systems and exclude thousands of potential borrowers, or rely on slow, manual processes that limit growth. Lendsqr’s offline feature eliminates that trade-off. With it, Namibian lenders can digitize their operations while serving customers who remain offline.



“Digital lending isn’t truly inclusive if it depends on data or smartphones,” said Adedeji Olowe, CEO of Lendsqr. “Now, lenders in places like Oshakati or Katima Mulilo can offer loans just as efficiently as those in Windhoek, all through one platform.”



With this capability, loan officers or agents can use the Lendsqr LMS to book loans on behalf of customers whether the engagement happens in person, over the phone, or through a basic device. Lendsqr’s backend handles all the essentials: loan processing, credit scoring, and recordkeeping. The customer never needs to be online, but they still get fast, secure access to credit.



Why this matters for Namibia’s lenders



While digital lending is growing in Namibia, connectivity gaps and low digital adoption remain a challenge especially in informal markets and rural regions. Lendsqr’s offline loan feature gives lenders a direct path to these segments, without reverting to paperwork or compromising on speed and transparency.



Beyond inclusion, the feature gives lenders a competitive advantage. By offering real-time loan decisions, enhancing operations, and improving customer reach, lenders can expand sustainably while maintaining the oversight and automation expected of modern systems.



“This isn’t a temporary fix or a patchwork tool,” Olowe added. “It’s the same high-grade infrastructure used by our enterprise lenders, now made available for use in offline environments.”