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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).
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]
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).
The Uganda Registration Services Bureau (URSB) is a semi-autonomous government agency, established by Act of Parliament in 1998 in Uganda.URSB is responsible for civil registrations (including marriages and divorces but not including births, adoptions, or deaths), business registrations (setups and liquidations), registration of patents and intellectual property rights, insolvency and ...
By 2015, it said it had powered 150,000 households in Kenya, Uganda, and Tanzania, with around 10,000 mobile payments made by users on its cloud platform, M-Kopanet, made on a daily basis. [1] It had over $40 million of revenue by 2015. [11] [12] In 2015, M-Kopa estimated that 80 percent of its customers lived on less than $2 a day. [13]
In 2025 taxpayers who have received more than $5,000 through online marketplaces or payment apps like Venmo, Zelle, Google Wallet, or other services will get a new form called the 1099-K.
The Minnesota Vikings announced on Tuesday that they have signed former New York Giants quarterback Daniel Jones to their 53-man roster.. In a corresponding move, they waived third-string ...
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]