Collateral
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News
Money lenders in Lira City arrested over retaining clients’ national IDs as collateral
LIRA CITY, August 6, 2024 – Police in Lira City West Division have arrested three money lenders in Lira City for allegedly keeping the national identity cards [IDs] of their clients as…
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News
Dokolo residents advised to embrace livestock farming
DOKOLO, April 17, 2024 – Dr Rosemary Alwoc Ogwal, former contestant for Dokolo District Woman Member of Parliament has urged communities in the district to take up livestock keeping as the best…
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Cooperatives & Communities
Minister Kyeyune to UMRA: Don’t issue licences to online money lenders
Kampala, January 30, 2024 – The State Minister for Microfinance, Haruna Kasolo Kyeyune has advised the Uganda Microfinance Regulatory Authority [ UMRA not to license online money lending platforms, saying it is…
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Development
Bugisu women choking on loans from illegal money lenders
MBALE- There is a growing concern as some businesswomen in Bugisu Sub-region choke on small loans given by unlicensed money lenders. The unlicensed moneylenders nicknamed ‘Team No Sleep’ have caused havoc in…
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Cooperatives & Communities
Stanbic Bank Uganda courts MPs in push for women’s financial inclusion
KAMPALA – Stanbic Bank Uganda has sought the support of the Members of Parliament as it popularises in the country its women’s financial empowerment programme dubbed, Stanbic for Her, aimed at providing…
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Cooperatives & Communities
Rogue Money Lenders Kicked Out of Kikuube
KIKUUBE – Kikuube local government together with the office of the Resident District Commissioner (RDC) have ordered all rogue money lenders (Bank Etambula) operating in the district to stop operating their business…
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