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Tag Archives: Racheal Vanessa Muhwezi

Microfinance regulator warns lenders on licenses, delinquent loans

Kampala, Uganda | THE INDEPENDENT | The Uganda Microfinance Regulatory Authority-UMRA has rallied money lenders in the country to secure the requisite licenses to safeguard them against loan delinquents. Delinquency can negatively impact a borrower’s credit, and this gets worse the longer the balance remains unpaid. Several Ugandans have ended up …

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