Edith Tusuubira

@mofpedU @psfued @SarahKagingo @CanaryMugume The Executive Director @EdithTusuubira : The Authority is mandated to ensure sanity in the Tier 4 Sector. There is some improvement in the market conduct but there is still room for more improvements @PSF_Uganda @mofpedU @SarahKagingo

@mofpedU @psfued @SarahKagingo @CanaryMugume @EdithTusuubira @PSF_Uganda Our Executive @EdithTusuubira ED @amfiu_Uganda Mrs.Jackline Mbabazi, @IcraRating representatives, Mr.Moses Ogwapus,Commissoner Financial services at @mofpedU and ED @PSF_Uganda @StephenAsiimwe2 pose for a group photo during the conference #WeGuideYouprosper

@mofpedU @psfued @SarahKagingo @CanaryMugume @EdithTusuubira @PSF_Uganda @amfiu_Uganda @IcraRating @StephenAsiimwe2 Why do we need credit rating? Well, the answer is here

@mofpedU @psfued @SarahKagingo @CanaryMugume @EdithTusuubira @PSF_Uganda @amfiu_Uganda @IcraRating @StephenAsiimwe2 This panel is discussing why Microfinance institutions need credit rating. The panel is featuring our ED @EdithTusuubira @BOU_Official representative Mr. Magezi Martin, and ED @amfiu_Uganda Jackline Mbabazi.

@mofpedU @psfued @SarahKagingo @CanaryMugume @EdithTusuubira @PSF_Uganda @amfiu_Uganda @IcraRating @StephenAsiimwe2 @BOU_Official Rachael Vanessa Muhwezi, manager Microfinance Institutions notes that a big percentage of licensed institutions collapse after 1yr due to credit gaps. This initiative will address that challenge. She adds "this financing will increase access to finance and reduce interest rates.

To create an organized market that facilitates access to loans for underserved populations, creditors and money lenders must submit comprehensive data. This data is essential for the Complaints Department @UgMicroAuth to effectively address issues and improve the lending process.

Are you looking to thrive in the MFI landscape? Join us for an impactful discussion on empowering microfinance institutions with credit ratings and investment/funding opportunities for Tier IV financial institutions.

Micro-finance institutions drive economic growth; investing via credit ratings in the Tier IV financial sector enhances transparency, capital access, and risk management creating a stronger, more inclusive financial ecosystem.

According to @worldbank, facilitating women's digital financial inclusion is crucial to achieving gender equality. By ensuring women have equal access to digital financial services, we empower them to participate fully in economic activities and enhance their well-being.

The @GovUganda aims to lift over 39% of Ugandan households from subsistence to a money economy through PDM. At @UgMicrofinAuth, our work is vital in ensuring progress by promoting a sound and stable Tier-4 sector for SACCOs through which these funds are channeled to end-users.

This is why @UgMicrofinAuth's objective of promoting sustainable growth of Tier 4 financial institutions (SACCOs, self-help groups, non-deposit-taking MFIs, and money lenders) can enhance financial inclusion and contribute to Uganda’s socio-economic transformation.

The Tier-4 financial sector remains a critical lifeline for most Ugandans, particularly at the bottom of the pyramid who have been excluded from financial services, to access finances to improve their living standards, grow their businesses, and rise out of poverty.

The advent of innovative technologies, like mobile money and digital wallets, has increased the ability of underserved Ugandans to access tailored services. As a result, they are more empowered to seize opportunities, overcome financial hurdles, and improve their livelihoods.

As part of @UgMicrofinAuth's efforts to build a sound Tier-4 financial sector, we established an online complaint redress mechanism to address complaints from unfair lending practices and restore public confidence. To lodge your complaint, go to licensing.umra.go.ug/umra/complaint…

The delegates also visited Tower SACCO which started in 1976 and remains of the biggest regulated SACCOs in Kenya to understand why it has remained strong.

Our team led by ED @EdithTusuubira attended ICURN conference in Kenya to design risk-based supervisory framework, supervising second tier financial cooperatives, implementing deposit insurance, stakeholder relations and payment systems #WeGuideYouProsper

Digital lenders must uphold the highest standards of ethics and integrity when handling personal customer data. I urge all digital lenders to ensure such prudent standards of ethics and integrity are upheld as per the Tier-4 digital lending guidelines umra.go.ug/digital-lendin…

The 2nd National Microfinance and Saving Groups Conference underway at Hotel Africana. Please follow the conference by opening this link below youtube.com/live/SAynhFnjs…

@UgMicrofinAuth warns the public of loan traps and emphasizes financial literacy. A borrower should be able to make a decision on which microfinance institution they are visiting before taking a loan.

The Second National Microfinance and Savings Groups Conference 2024 is underway. This year's theme is "Leveraging Collaborations, Partnerships, and Promoting a Savings Culture to Foster Socio-Economic Transformation." Stay tuned to our pages for more updates.