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Uganda Microfinance Regulatory Authority Warns Public Against Illegal Money Lenders

Uganda Microfinance Regulatory Authority Warns Public Against Illegal Money Lenders

Uganda Microfinance Regulatory Authority has warned the public against borrowing money from illegal money lending institutions. UMRA Executive Director Edith Namuga says there illegal math rooming money lending institutions operating country wide with intent to rob the public of their properties. “It had come to the attention of the Authority that some unlicensed individuals are conducting money lending business in ...

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