Apply In-Person

1. A money lender may apply in writing to the Authority for renewal of a money lending licence at least three months before the expiry of the licence.
   • Applications can be made in-person through Uganda Microfinance Regulatory Authority on form 5.
   • Fill the form and submit the completed application form to Uganda Microfinance Regulatory Authority.
   • You will be able to find the office location information and contact information under the section of Contact address.
2. The application for renewal of a licence shall be accompanied by evidence of payment of the fee specified of UGsh 500,000 and shall be in Form 5 set out in Schedule 2 of the Act.
3. Please make sure you have all the documents that are listed under the “Required Documents” section of this page.
4. The Authority may require additional information to be provided by the applicant for renewal of a money lending licence.
5. The Authority shall, before renewing a money lending licence, have regard to the extent to which the money lender complied with the Act and the conditions set in the earlier licence, if any.
6. After the authorities validate your application and documents that are submitted they will issue Money lending license.
7. The Authority may refuse to renew a money lending licence if satisfied that the money lender failed to comply with the provisions of the Act, the terms and conditions set in the licence sought to be renewed or these Regulations
8. Where the Authority refuses to renew a licence, it shall give written notice to the applicant within three months after receiving the application, stating the reasons for refusal.

• the certificate of incorporation of the Company,
• the particulars of the directors of the Company;
• a resolution of the particulars of the secretary of the company;
• the postal and physical address of the company and Registered address if it has changed
• Proof of payment of annual fees.
• A copy of the interests rates according to the categories of loans products Offered.

Uganda Microfinance Regulatory Authority - HEAD OFFICE,
Physical Address: Rwenzori Towers, Block B
Ground Floor, Plot 6 Nakasero Road
Postal Address: P.O Box 11545
Kampala , Uganda
Call: 256 417 799 700
Toll - free: 0800 111 449
Email Us: info@umra.go.ug / enquiries@umra.go.ug
Website: LInk

Bank of Uganda - HEAD OFFICE,
Physical Address:Plot 37/45
Kampala Road
Kampala, Uganda
Postal Address: P.O Box 7120,
Kampala, Uganda
Telex: 61059
Telephone numbers: +256-414-258-441/6
Fax: + 256-41-4230878 , +256-41-4233818
Email: info@bou.or.ug
Website: Link

• Money lending licence shall not be granted unless the applicant holds an eligibility certificate granted in accordance with the provisions of the laws.
• A separate certificate shall be required in respect of every separate licence.

• Application for license Ugsh.50,000
• Application form is submitted along with Renewal license fees of Ugshs.500,000.

A Licence issued under this Act is valid for one year and expire on 31 December every year and may be renewed annually upon application to the Authority

FORM - 5
Reg, 11(3)
THE REPUBLIC OF UGANDA
THE TIER 4 MICROFINANCE INSTITUTIONS AND MONEY LENDERS ACT, 2016
APPLICATION FOR RENEWAL OF MONEY LENDING LICENCE
(To be completed in Triplicate)
Application is hereby made to the Authority for the renewal of Licence No.
........................granted on ........................ under Section 82 of the Tier 4 Microfinance Institutions and Money Lenders Act, 2016
The name of the money lenders company.........................................
Address of its registered office (Physical address, Postal and Telephone No.)
..............................................................................................................................
..............................................................................................................................
Address and telephone number of each place at or from which business as a money lender is carried on.............................................................................................
.............................................................................................
Particulars of current directors of the company Name.....................................................................................
Address....................................................................................
Telephone number......................................................................
National Identification Number........................................................
. Has there been any change in the principal shareholders of the company or in the details thereof since the issue or last renewal of the licence? (Answer “yes” or no”)..............................................................................................................................
If yes, give details ................................................................................................
Please attach the following certified documents
(a) Registered address if it has changed
(b) Proof of payment of annual fees.
(c) A copy of the interests rates according to the categories of loans products offered.
I declare that all the information given by me in this application is true and correct.
Dated this ............day of...................................., 20.........

Signature of Applicant
.......................................
Signed by the person authorized in this behalf by the company [Note: evidence of authorization should be produced together with the fee payable on application and should be delivered to the Authority.

WARNING
Section 84 (b) of the Tier 4 Microfinance Institutions and Money lenders Act, 2016 makes it an offence punishable by a fine of two hundred currency points for a person to carry on business in a name or at any place other than the name or address specified in the money lending licence or to furnish false or misleading information in connection with any application for the renewal of a licence.

Maximum Processing Time: 30 Days.

Videos explaining the procedure or to fill the applications. 
Attach videos using the following tag <&video type='website'>video ID|width|height<&/video&> from external websites. 	
Please remove the '&' inside the tags during implementation.
Website = allocine, blip, dailymotion, facebook, gametrailers, googlevideo, html5, metacafe, myspace, revver, 
sevenload, viddler, vimeo, youku, youtube
width = 560, height = 340, Video ID = Can be obtained from the URL of webpage where the video is displayed.
e.g In the following url 'http://www.youtube.com/watch?v=Y0US7oR_t3M' Video ID is 'Y0US7oR_t3M'.

Money lending license application should contain the following particulars, namely

• The true name in which such money-lender intends to carry on business and the true name of the person proposed to be responsible for the management of the business;
• if the application is by or on behalf of—
  • an individual, the true name and address of such individual;
  • a company, the true names and addresses of the directors, manager or principal officer managing it;
• an unincorporated body of individuals, the true names and addresses of such individuals.
• The area and the place or principal, place of the business of money-lending in the country;
• The name of any other place in the District where the business of money-lending is carried on or intended to be carried on;
• The total amount of the capital which such person intends to invest in the business of money-lending in the year for which the application has been made;
• if the places at which the business of money-lending is to be carried on are more than one, the true names of persons who shall be in the management of the business at each such place;
• The application shall be in writing and shall be signed—
  • if the application is made by an individual, by the individual;
  • if the application is made by a company or un incorporated body, by the managing director or any other person having control of its principal place of business by an agent authorised in this behalf by a power of attorney by the individual money-lender himself, or the family, or the company or the unincorporated body, as the case may be.
• The application shall also contain such other particulars as may be prescribed.
• Every application shall be accompanied by a licence fee of seven hundred shillings-: Provided that, where an application is made after -the expiry of the period prescribed by rules, shall be accompanied by a licence fee of seven hundred thousand.
• The fee payable under this section shall be paid in the manner prescribed and shall not be, refunded, notwithstanding the fact that the application is withdrawn.

Please provide the need for the procedure. e.g. Birth Certificate - why do we need to have a birth certificate? 
 

Enter other informations which might help.

Please explain what are other uses of obtaining this document/certificate.
e.g. Birth Certificate can be used as proof of identity.

• External Link.