MDIs
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Cooperatives & Communities
Capital for microfinance institutions set at Shs 5 billion
KAMPALA– Microfinance Deposit Taking Institutions [MDIs] be required to have minimum capital of Shs 5 billion in order to operate in Uganda. The is contained in a statutory instrument on revision of…
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National
MPs to engage all stakeholders on new Shs 10bln minimum capital requirement for MDIs
KAMPALA – The Committee on Finance, Planning and Economic Development will engage all stakeholders in regard to the new minimum paid-up capital requirement for Microfinance Deposit Taking Institutions [MDIs] in Uganda. Speaker…
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Cooperatives & Communities
Don’t rush to become MDIs, big SACCO told
MBARARA – The chairman Besania SACCO in Mbarara Benson Nduhura has advised thriving SACCOs in western Uganda to transform into multipurpose cooperatives to boost members’ savings instead of hurrying to become microfinance…
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