The Uganda Money Lenders Association (UMLA) is a professional body that unites licensed money lenders across the country. We are dedicated to promoting ethical lending, financial inclusion, and sector integrity in line with the Tier 4 Microfinance Institutions and Money Lenders Act, 2016.
The Uganda Money Lenders Association (UMLA) is a national umbrella organization for registered and licensed money lenders operating in Uganda. We aim to foster professionalism, integrity, and mutual support among our members to ensure a stable and trustworthy financial ecosystem.
To empower licensed money lenders through advocacy, capacity building, and collaboration with regulators to promote responsible lending and protect borrowers.
To be the leading voice and champion of ethical, compliant, and impactful money lending in Uganda.
Bringing together registered and compliant money lenders across Uganda.
A strong national network promoting ethical lending in all regions
Building capacity and professionalism among members.
Working closely with UMRA to ensure full adherence to lending laws.
An essential financial service that provides individuals and businesses with access to quick, short-term loans from licensed and regulated institutions.
We unite ethical lenders to promote responsible lending practices and protect the integrity of the sector.
Through training and peer review, we uphold professional and ethical standards, ensuring members operate responsibly.
We act as a bridge between licensed lenders and the Uganda Microfinance Regulatory Authority (UMRA) to ensure compliance and smooth regulation.
To become a licensed money lender, one must:
Register a legal entity.
Prepare the required documentation.
Apply for a license through the Uganda Microfinance Regulatory Authority (UMRA).
Meet the capital and compliance requirements set by the law.
Obtain the application form from UMRA.
Provide all necessary documents (business registration, premises, capital, etc.).
Pay the prescribed licensing fee.
Undergo inspection and approval by UMRA.
Receive a valid Money Lender’s License.
A genuine lender is one who:
Is licensed by UMRA.
Displays a valid license at their business premises.
Operates transparently and charges fair interest rates.
Issues formal loan agreements and receipts.
The Uganda Money Lenders Association has established a fully functional secretariat that coordinates all administrative, training, and member engagement activities.
We continue to strengthen collaboration with UMRA, organize sectoral dialogues, and expand membership across the country.
We’d love to hear from you! Reach out for information, support, or to learn more about becoming a licensed money lender in Uganda.
Uganda Money Lenders Association
Plot 2183 Kayondo Road, Eseri Complex, Ntinda Kampala
Ground Floor, Room 11
📞 Tel: 0749 031092 | 0790 808241
📧 Email: info@ugandamoneylendersassociation.com