Newslex Point News in Uganda, Uganda news
Ms Stella Alibateese, the Personal Data Protection Officer said they are scrutinizing several complaints regarding these applications.
“The people who obtain loans from these digital money lenders are people who are not yet aware of their rights. They lack knowledge that when they consent to certain actions, there are repercussions in terms of their privacy,” she said.
Apparently, these money lenders are known to blackmail third party contacts known to borrowers. They are doing this to coerce them into payment of the borrowed money if they default.
These apps request for a lot of information from the phone of the person taking out the loan. This information includes access to gallery, phone contacts and other financial details.
All this permission request is a breach since the law only grants access to relevant data to be used for only the reasons it is collected.
“Our mandate is to investigate complaints and guide the data processor. In this case, are digital money lenders, and to restore the rights of the data subjects,” Ms Grace Kenganzi, the Personal Data Protection Office public relations officer said.
Check Also;
- Uganda Microfinance Regulatory Authority Warns Public Against Illegal Money Lenders
- No Credit Check Loans With Guaranteed Approval From Direct Lenders
- 9 Ways To Make Money Online If You Don’t Qualify For Personal Loan
Please use the button below to contribute to Newslex Point, Inc. using a credit card or via PayPal.
![[dropcap]A[/dropcap] section of women in Bugongo parish and Nawangaiza parish in Nawandala Sub County, Iganga District have decried the near-impossible terms set for them to access GROW funds. They have now petitioned their woman member of parliament for Iganga Hon. Kauma Sauda Alibaawo to ask the government for revised terms and conditions. This is to enable them to benefit from the program. The disgruntled women accuse the implementers of the program of charging the money. They are also asking for their land titles and land agreements. They said that such properties are governed by their husbands. These, therefore want the government through their woman MP to intervene and revise the requirements for one to benefit. The women were on Wednesday at Namabwere primary school in Nawandala Sub County. They had gathered in their respective groups to receive over 300 chickens from Hon Alibaawo in her campaign to improve the livelihood of women in Iganga district. Each group was given 50 chicken as start-up capital in their journey to prosperity. Read what some leaders said; Ms Naigambi Lydia from Nawandala Trading Centre says, “They solicited money from us through opening bank accounts and depositing Shs80,000. They also asked for land titles and land agreements from us yet we don’t have such things. I was informed that I needed to have a business with a capital of Shs4m yet my capital was very small.” The chairperson Kisoboka Saving Group in Nawandala Ms. Nakagolo Faith said they were not able to join the program. This is given the many conditions attached. She also asked their woman MP to raise their concerns to the relevant offices. The MP condemned the mode of implementation of the program. She cited that it has turned to benefit the well-off class of women other than the intended group. She further asked the government to intervene saying the current strings attached to the programme are very tight to accommodate a common woman. GROW project is a Government of Uganda initiative that arose out of the need to respond to the needs of women entrepreneurs. This is especially those who want to grow their businesses, sustain their self-employment and create more jobs. Check Also; Iganga District NRM Leaders Urge Museveni To Fulfill Election Promises Of 2021 International Women's Day: Celebrating Progress Towards Equality](https://newslexpoint.com/wp-content/uploads/2024/11/Iganga-women-decry-tough-terms-to-access-GROW-funds-e1731738339732.jpg)