2020 – UMRA | Uganda Microfinance Regulatory Authority

10 Nov, 20

Closed Issuance of Licenses for the Calendar Year 2020

Uganda Microfinance Regulatory Authority (UMRA) was established by section 6 of the Tier 4 Microfinance Institutions and Money Lenders Act, 2016 to license, regulate and supervise Tier 4 Microfinance Institutions and Money Lenders in Uganda.

06 Nov, 20

UMRA Licenses 894 Money Lending Institutions as the Regulator Closes 2020

Uganda Microfinance Regulatory Authority (UMRA) has stopped issuance of licenses for calendar year 2020 after licensing a total of 894 institutions around the country.

02 Nov, 20

UMRA Gets a Substantive Executive Director.

Ms. Edith Namugga Tusuubira is the new substantive Executive Director of the Uganda Microfinance Regulatory Authority. Ms. Edith Tusuubira replaces Mr. Elly Avu Biliku, who has been acting as the Executive Director.

30 Oct, 20

Who is Mrs. Edith Tusuubira?

Edith possesses over 20 years of experience in the field of financial/ investment/risk analysis and project management, 15 years of which are senior management responsibilities. This experience enriches Edith’s successful track record of leadership on teams.

06 Oct, 20

List of Tier 4 Microfinance Institutions Issued Licenses as of 13th November 2018

In May 2016, Parliament passed the Tier 4 Microfinance Institutions and Money lenders Act to Regulate the Tier 4 Microfinance Institutions and Money Lenders with the objective of protecting the borrowers against bad lending and unethical practices of the lenders, to build confidence in microfinance business and promote financial inclusion.

10 Sep, 20

What the Public Must Know about Money Lending Business in Uganda?

A money lending business should be a company registered with Uganda Registration Services Bureau (URSB) and licenced by Uganda Microfinance Regulatory Authority (UMRA) in accordance with the Tier 4 Microfinance Institutions and Moneylenders Act, 2016.

10 Sep, 20

URSB, UMRA Partner To Ease Credit Access For MSMES

The Uganda Registration Services Bureau (URSB) and Uganda Microfinance Regulatory Authority (UMRA) has signed a memorandum of understanding to further ease access to finance for small businesses.

09 Sep, 20

What are the Regulatory Do’s and Don’ts for Money Lending?

The Tier 4 Microfinance Institutions and Money Lenders Act 2016 was rightly enacted to provide in part for the management and Control of Money Lending Businesses. The Act repealed the Money Lenders Act Cap 273, which required moneylenders to apply for a Money Lending License from the Chief Magistrate’s court.

02 Sep, 20

Public Notice

UMRA Guidelines to the Microfinance Sector and Money lenders

The Uganda Microfinance Regulatory Authority (UMRA) continues to observe the effects of the corona virus pandemic on the MFI sector and Money lenders in order to manage its effects. GL 0001 is released to provide guidance on credit management and loan restructuring for the MFI sector and Money Lenders. These guidelines shall be in force […]

Year: 2020

Closed Issuance of Licenses for the Calendar Year 2020

UMRA Licenses 894 Money Lending Institutions as the Regulator Closes 2020

UMRA Gets a Substantive Executive Director.

Who is Mrs. Edith Tusuubira?

List of Tier 4 Microfinance Institutions Issued Licenses as of 13th November 2018

What the Public Must Know about Money Lending Business in Uganda?

URSB, UMRA Partner To Ease Credit Access For MSMES

What are the Regulatory Do’s and Don’ts for Money Lending?

Public Notice

UMRA Guidelines to the Microfinance Sector and Money lenders

Sacco & Microfinance Guidebook

CIRCULAR ON UMRA LICENSED DIGITAL LENDERS

Digital Lending Guidelines

Guidelines on Implementation of Targeted Financial Sanctions in Uganda

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