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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]
An application was made to the Bank of Uganda for the issuance of an MDI banking license. In October 2011, a Tier III MDI licence was granted, and MDI operations began on 10 October 2011. As of March 2014 [update] , the institution's total assets were about US$10.07 million (UGX:25.34 billion), with shareholders' equity of about US$2.25 million ...
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]
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).
Among several recent proposed changes the Education Department has announced, it has updated the timeline for student loan borrowers seeking forgiveness under a one-time account adjustment ...
This is a "list of licensed credit institution in Uganda". [1] BRAC Uganda Bank Limited [2] [3] Yako Bank Uganda Limited; Opportunity Bank Uganda Limited [4] Guaranty Trust Bank Uganda [4] ABC Capital Bank Uganda [4]
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.
EFC Uganda Limited (EFCUL), also known as EFC Uganda, was a microfinance deposit-taking institution (MDI) in Uganda whose license was withdrawn and liquidated by Bank of Uganda on 19 January 2024. [ 1 ]