Invest your savings wisely – UMRA Boss

World Savings Day was established to inform people about the idea of saving money. Mr Avu Elly Biliku, the Acting Executive Director of Uganda Microfinance Regulatory Authority, spoke to Daily Monitor’s Isaac Ssejjombwe.

When was UMRA formed? UMRA was established under section 6 of the Tier 4 Microfinance institutions and Money lenders Act 2016, the effective commencement date was July 5th 2016. The Board was inaugurated in December 2017. The authority offices are located on Wing B of Rwenzori Towers Ground floor Plot 6. Nakasero Road.

Read full Interview here

4 Comments

  1. AHEREEZA RONALD-Reply
    November 15, 2018 at 1:34 pm

    how much can it cost me to get a money lending lincense

  2. ahereeza ronald-Reply
    February 27, 2019 at 2:39 pm

    What are the requirements to register as a money lender

  3. Bagaga Henry-Reply
    March 10, 2019 at 1:03 pm

    how do we get information about your information dissemination workshops.

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