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Shivani Siroya is the founder and chief executive officer of Tala, a smartphone lending app. She founded the app [1] in 2011 to offer instant credit scores to people in underrepresented markets such as Kenya, Tanzania, India, and the Philippines. [2] [3] The app also acts as a lender and has granted more than $225M [4] in microloans as of 2018. [5]
The Uganda Microfinance Regulatory Authority (UMRA) is a government agency responsible for the licensing, supervision and regulation of Tier-4 micro finance institutions, money lenders, savings cooperatives and any money-lending institution with capital of less than USh500 million (US$140,000).
Exodus Sacco is the second-largest security forces-related Sacco in Uganda, behind the much bigger Wazalendo Savings and Credit Cooperative Society. [2] As of December 2019, membership in Exodus Sacco had risen to over 30,000, and total assets were valued in excess of USh20 billion (US$5.5 million).
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Letshego Microfinance Uganda, (also Letshego Microfinance Uganda Limited (LMUL)), whose official name is Letshego Uganda Limited, is a Tier IV microfinance institution in Uganda. LMUL is a microfinance company that offers SME loans, mortgage loans, and education loans, among other forms of lending. The company also offers savings accounts. [3]
In 1999, it was incorporated as a limited company and changed its name to Pride Africa Uganda Limited. The institution provides financial services to that segment of the Ugandan population who are not served or are unable to access financial services through Ugandan commercial banks. PBL's focus are the micro, small, and medium size entrepreneurs.
The Development Finance Company of Uganda Limited was established in 1964, with its name changing in 2000 to DFCU Limited [5] and eventually to dfcu Limited. [10] In 2000, dfcu Limited acquired Gold Trust Bank, which subsequently became dfcu Bank.
Stock indexes drifted to a mixed finish on Wall Street as some heavyweight technology and communications sector stocks offset gains elsewhere in the market. The S&P 500 slipped less than 0.1% ...