Five UMRA staff get coveted international assessment certificates

By Edward Bindhe

Communications Manager

UMRA.

HELLEN NALWEYISO, UMRA Officer receives a certificate from UMRA ED Mr Elly Biliku

Five officials from Uganda Microfinance Regulatory Authority are among the 25 Ugandans who have qualified to become internationally recognized assessors after undergoing through Smart Campaign training.

The officers are Hellen Nalweyiso, a compliance officer, NNOD Edmond Okiror Okwii, the legal officer, Ezra Balihamwe, the Compliance officer in charge of SACCOs, Dennis Oluka, Compliance officer in charge of SACCOs, and Eunice Kainza, Compliance officer in charge of Money lenders.

The officers have been attending a weeklong training at Imperial Royale Hotel in Uganda’s capital Kampala.

The training facilitated by Smart Campaign group was aimed at enhancing skills of the staff on assessing compliance of institutions that UMRA licenses, regulates and supervises. The training was aimed equipping the staff with skills and knowledge to effectively monitor compliance of Microfinance Institutions to ensure adherence to the seven principles of client protection.

The internal review shall identify strengths, weaknesses, and ultimately opportunities to enhance its practices around client protection to prepare for Certification.

The internal review shall identify strengths, weaknesses, and ultimately opportunities to enhance its practices around client protection to prepare for Certification.

UMRA congratulates the certified team upon attaining this success. We believe this will reinforce our capacity to implement our mandate.

 

One Comment

  1. Adrapi Emmanuel Ovua-Reply
    September 24, 2018 at 11:14 am

    Financial inclusion challenges of Uganda have greatly been solved by SACCOs, and money lenders as major players in the economy. Regulating these players will make the financial inclusion intervention, a more sustainable one.

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