UMRA to start enforcement operations against unlicensed money lenders

Edith Tusuubira Namugga, the UMRA Executive Director, said they are in the final stages of issuing the Tier 4 lending conditions regulations (2024) to deal with predatory challenges.

Edith Tusuubira Namugga, the UMRA Executive Director (middle) with Mutatiina and Racheal Vanesa Muhwezi, the manager in charge of microfinance institutions at UMRA at the UMRA head offices. Photo by Moses Kigongo