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Tag Archives: Microfinance

Changes to microfinance deposit-taking institutions act approved

Kampala, Uganda | THE INDEPENDENT | Cabinet has adopted the proposed changes in the Microfinance Deposit-Taking Institutions-MDIs Act 2003. According to the proposed changes, MDIs will now offer all services offered by other banks, which has not been the case. The Minister of Information and National Guidance, Chris Baryomunsi communicated …

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Behind micro-credit loans

  No one deserves to die from excessive peer pressure because of failure to re-pay a micro-credit loan COMMENT | Nathan Were |The Daily Monitor newspaper of February 02, 2019 led with a sad story of Gubindi – a resident of Jinja town in eastern Uganda who, after failure to …

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Microfinance’s macro potential

  By Prashant Thakker With forward-looking regulation and technology, MFIs can provide more access to financial services Microfinance is, at its heart, an effort to provide financial services to people who are not served – or are under-served – by the formal banking system. With appropriate, accessible, and fairly priced …

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