Money lenders
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Cooperatives & Communities
UMRA cautions money lenders after murder of Asian businessman
KAMPALA – Tier 4 Microfinance institutions and money lenders in Uganda have been advised to be cautious when dealing with borrowers after a police officer shot dead an Asian businessman in Kampala…
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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
Mayuge RDC gives money lenders ultimatum to return clients’ IDs
MAYUGE – The deputy resident district commissioner Mayuge, Trevor Solomon Baleke has issued an ultimatum to all money lenders in the district to return all national identification cards [ IDs ] confiscated…
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Cooperatives & Communities
UMRA, URSB summon money lenders for crucial meeting in Kampala
KAMPALA – The Uganda Microfinance Regulatory Authority [ UMRA ] in partnership with Uganda Registration Services Bureau [URSB] has organised a workshop aimed at sensitising selected money lending companies in the country…
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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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