Year: 2020

The Uganda Microfinance Regulatory Authority (UMRA) just completed an assessment on the impact of the Covid-19 pandemic on the Tier 4 Microfinance Institutions and Money Lenders and this has enabled us appreciate the challenges the sector is facing. We will work with the necessary stakeholders to lay strategies on how we can support the sector […]

The Tier 4 Microfinance Institutions and Moneylenders Act, 2016 provides a framework for licensing, regulating and supervision of all Tier 4 Microfinance Institutions and Moneylenders in Uganda, and the establishment and operationalization of Uganda Microfinance Regulatory Authority (UMRA). UMRA is mandated to license, regulate and supervise savings and credit cooperatives (SACCOs), credit-only microfinance Institutions, private […]