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Parish SACCOs at the Crossroads: PDM's Trillion-Shilling Test of RepaymentShs9 billion back from Shs3 trillion out: the uncomfortable arithmetic of PDM recoveryWendi's Shs240b question: can a SACCO wallet turn deposits into credit?Dry Spell Tests Ankole's Dairy Co-operatives as Milk Volumes CollapseBelow One Percent: Can Community Schemes and SACCOs Close Uganda's Health Insurance Gap?Parish SACCOs at the Crossroads: PDM's Trillion-Shilling Test of RepaymentShs9 billion back from Shs3 trillion out: the uncomfortable arithmetic of PDM recoveryWendi's Shs240b question: can a SACCO wallet turn deposits into credit?Dry Spell Tests Ankole's Dairy Co-operatives as Milk Volumes CollapseBelow One Percent: Can Community Schemes and SACCOs Close Uganda's Health Insurance Gap?

Act

Tier 4 Microfinance Institutions and Money Lenders Act, 2016 (Act 18 of 2016)

This Act set up the licensing and supervision regime for SACCOs, non-deposit-taking microfinance institutions, self-help groups and money lenders that fall outside Bank of Uganda regulation. It created the Uganda Microfinance Regulatory Authority (UMRA), requires SACCOs to be both registered under the Cooperative Societies Act and licensed before offering financial services, and sets prudential, governance and reporting standards to protect members' savings. It also provides for a SACCO Stabilisation Fund and for receivership and liquidation. Every SACCO board should know it well. Original source: https://ulii.org/akn/ug/act/2016/18

Access
Free
Year
2016
Pages
40
Credit
Parliament of Uganda (consolidated by ULII / Laws.Africa)
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