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What Happens to Microfinance Clients Who Default?
What Happens to Microfinance Clients who Default? An Exploratory Study of Microfinance Practices January 2015 LEAD AUTHOR Jami Solli Keeping clients first in microfinance CONTRIBUTORS Laura Galindo, Alex Rizzi, Elisabeth Rhyne, and Nadia van de Walle Preface 4 Introduction 6 What are the responsibilities of providers? 6 1. Research Methods 8 2. Questions Examined and Structure of Country Case Studies 10 Country Selection and Comparisons 11 Peru 12 India 18 Uganda 25 3. Cross-Country Findings & Recommendations 31 The Influence of Market Infrastructure on Provider Behavior 31 Findings: Issues for Discussion 32 Problems with Loan Contracts 32 Flexibility towards Distressed Clients 32 Inappropriate Seizure of Collateral 33 Use of Third Parties in Collections 34 Lack of Rehabilitation 35 4. Recommendations for Collective Action 36 ANNEX 1. Summary of Responses from Online Survey on Default Management 38 ANNEX 2. Questions Used in Interviews with MFIs 39 ANNEX 3. Default Mediation Examples to Draw From 42 2 THE SMART CAMPAIGN Acknowledgments Acronyms We sincerely thank the 44 microfinance institutions across Peru, AMFIU Association of Microfinance India, and Uganda that spoke with us but which we cannot name Institutions of Uganda specifically. Below are the non-MFIs who participated in the study ASPEC Asociacion Peruana de as well as those country experts who shared their knowledge Consumidores y Usuarios and expertise in the review of early drafts of the paper. BOU Bank of Uganda Accion India Team High Mark India MFIN Microfinance Institutions -
Final-Actis Inreview Lores Single.Pdf
Actis in review 2013 The positive power of capital Contents 03 Where we are now 08 Portfolio at work Banque Commerciale du Rwanda 10 Portfolio at work Garden City 13 Actis at a glance 14 Portfolio at work Bellagio 17 Portfolio at work Globeleq Mesoamerica Energy 20 Portfolio at work Asiri Group 23 Portfolio at work AGS 26 Regions and sectors 28 Investments 29 Investors 30 Portfolio companies 34 The team São Paulo, Brazil Welcome This report summarises the events and achievements of Actis in the last twelve months. Whether we are sharing the story of the Rwandan bank in which we invested nearly a decade ago, or the ATM chain rolling out across India, the tale we tell is of strong businesses, in attractive sectors, in some of the most populous and dynamic parts of the world. Our goal is to give you a sense of the breadth of our work, and the depth of our expertise. Providing insight into the energy and promise of those high growth markets which have already begun to define this century. I hope you enjoy reading this year’s annual review. Paul Fletcher Senior Partner Accra, Ghana Where we are now If the financial meltdown corporate governance, health and safety, labour law, and environmental and social practices. of August 2008 taught They must also be highly profitable. us anything it is that Our investment professionals have this in mind everything connects. The from the first dollar and day of the investment. Everything they do is focused on creating value. fortunes of a Manhattan Their work is supplemented by a dedicated team of in-house consultants who do nothing but headquartered bank, a implement best practices, and share what they know works from their past experiences in the string of late night phone same sectors. -
Review of Research Impact Factor : 5.7631(Uif) Ugc Approved Journal No
Review Of ReseaRch impact factOR : 5.7631(Uif) UGc appROved JOURnal nO. 48514 issn: 2249-894X vOlUme - 8 | issUe - 5 | feBRUaRY - 2019 __________________________________________________________________________________________________________________________ A STUDY ON “PAYMENT BANKING IN DIGITAL AND FINANCIAL INCLUSION THROUGH LEADING –SOCIAL ADVANCEMENT INITIATIVES” Prof. K. M. Mahesh1 and Dr. K .Manjunath2 1Research Scholar at Dravidian University, Kuppam,AP & Principal, Sri Bhagawan Mahaveer Jain Evening College, V.V.PURAM,Bangalore. 2Research Supervisor , Associate Professor Department of Commerce and Management Seshadripuram college Bangalore. ABSTRACT : The Payment Banks (PBS), which offerselectronic remittances, financial advisory, online banking and more,offerimmediate value to unbanked consumers.They are designed to improve social Culture,through Digital and Financial Inclusion. Payment Bank(PBS) will lead the Social advancement in terms of living standardwhen society uses the skill fullest,that society will prosper,it makes society upward movement.The Demonetizationand Digitation are given scope for innovating techniques of banking payment system. The concept of payments banks was first proposed by a Reserve Bank of India (RBI) committee onComprehensive Financial Services for Small Businesses and Low- Income Households. led by board member Nachiket Mor. Payment Banks (PBS) will help in promoting financial inclusion, or the process of spreading banking services is critical in India, where more than half of the adult population still do not have access to banking services. Through the Payment Banks (PBS)promoting 5 A’s of FinancialInclusion in cashless payment: Availability,Accessibility,Acceptability, Affordability, and Awareness. The Jan Dhan Aadhaar Mobile (JAM),Swiping ePoS and MicroATMswill help people to get digital transaction Awareness. KEYWORDS : Payment Banks, Financial inclusion, Reserve Bank of India (RBI), Social advancement and Digitation. -
Absa Bank 22
Uganda Bankers’ Association Annual Report 2020 Promoting Partnerships Transforming Banking Uganda Bankers’ Association Annual Report 3 Content About Uganda 6 Bankers' Association UBA Structure and 9 Governance UBA Member 10 Bank CEOs 15 UBA Executive Committee 2020 16 UBA Secretariat Management Team UBA Committee 17 Representatives 2020 Content Message from the 20 UBA Chairman Message from the 40 Executive Director UBA Activities 42 2020 CSR & UBA Member 62 Bank Activities Financial Statements for the Year Ended 31 70 December 2020 5 About Uganda Bankers' Association Commercial 25 banks Development 02 Banks Tier 2 & 3 Financial 09 Institutions ganda Bankers’ Association (UBA) is a membership based organization for financial institutions licensed and supervised by Bank of Uganda. Established in 1981, UBA is currently made up of 25 commercial banks, 2 development Banks (Uganda Development Bank and East African Development Bank) and 9 Tier 2 & Tier 3 Financial Institutions (FINCA, Pride Microfinance Limited, Post Bank, Top Finance , Yako Microfinance, UGAFODE, UEFC, Brac Uganda Bank and Mercantile Credit Bank). 6 • Promote and represent the interests of the The UBA’s member banks, • Develop and maintain a code of ethics and best banking practices among its mandate membership. • Encourage & undertake high quality policy is to; development initiatives and research on the banking sector, including trends, key issues & drivers impacting on or influencing the industry and national development processes therein through partnerships in banking & finance, in collaboration with other agencies (local, regional, international including academia) and research networks to generate new and original policy insights. • Develop and deliver advocacy strategies to influence relevant stakeholders and achieve policy changes at industry and national level. -
Annual Report
2017/18 ANNUAL REPORT RESILIENCE AND RECOVERY ABOUT US New Vision Printing & Publishing Company Limited started business in March 1986. It is a multimedia business housing newspapers, magazines, internet publishing, televisions, radios, commercial printing, advertising and distribution services. The Company is listed on the Uganda Securities Exchange. Our Vision A globally respected African media powerhouse that advances society Mission To be a market-focused, performance-driven organisation, managed on global standards of operational and financial efficiency Values • Honesty • Innovation • Fairness • Courage • Excellence • Zero tolerance to corruption • Social responsibility 2 VISION GROUP ANNUAL REPORT 2017/18 INTRODUCTION This is the Annual Report of New Vision Printing & Publishing Company Limited trading as Vision Group for the year ended June 30, 2018. This Annual Report includes financial and non-financial information. It sets out the Company’s strategy, financial, operational, governance, social and environmental performance. The Annual Report also contains the risks and opportunities affecting the Company. The purpose of producing an Annual Report is to give the shareholders an annual view of how the Company has performed and what the Board is striving to do on behalf of the shareholders. 1 TABLE OF contENT Notice of Annual General Meeting 4 Company Profile 5 Business Review 15 Board of Directors 19 Chairperson’s Statement 21 Executive Committee 26 CEO’s Statement 27 Corporate Governance Statement 31 Shareholder Information 42 Proxy Card 47 Sustainability Report 50 Accolades 80 Financial Statements 82 2 VISION GROUP ANNUAL REPORT 2017/18 LIST OF AcronYMS AGM - Annual General Meeting Annual Report - An annual report is a comprehensive report on a company’s activities including the financial performance throughout the year. -
List of Certain Foreign Institutions Classified As Official for Purposes of Reporting on the Treasury International Capital (TIC) Forms
NOT FOR PUBLICATION DEPARTMENT OF THE TREASURY JANUARY 2001 Revised Aug. 2002, May 2004, May 2005, May/July 2006, June 2007 List of Certain Foreign Institutions classified as Official for Purposes of Reporting on the Treasury International Capital (TIC) Forms The attached list of foreign institutions, which conform to the definition of foreign official institutions on the Treasury International Capital (TIC) Forms, supersedes all previous lists. The definition of foreign official institutions is: "FOREIGN OFFICIAL INSTITUTIONS (FOI) include the following: 1. Treasuries, including ministries of finance, or corresponding departments of national governments; central banks, including all departments thereof; stabilization funds, including official exchange control offices or other government exchange authorities; and diplomatic and consular establishments and other departments and agencies of national governments. 2. International and regional organizations. 3. Banks, corporations, or other agencies (including development banks and other institutions that are majority-owned by central governments) that are fiscal agents of national governments and perform activities similar to those of a treasury, central bank, stabilization fund, or exchange control authority." Although the attached list includes the major foreign official institutions which have come to the attention of the Federal Reserve Banks and the Department of the Treasury, it does not purport to be exhaustive. Whenever a question arises whether or not an institution should, in accordance with the instructions on the TIC forms, be classified as official, the Federal Reserve Bank with which you file reports should be consulted. It should be noted that the list does not in every case include all alternative names applying to the same institution. -
Terminal Report
TERMINAL REPORT OF ESTABLISHMENT aOr'IITTEE OF THE, ILGANDA AC" TL A FINANCGE' AGENOY Ju'lyv 1987 CONTENT'S Page Background I Up-dating: June 1985 UAFA Document 1 cN'nership Structure 2 Capital i.sation 2 Memorandum and Articles of Association 4 UAFA B,-anch locations Lnd Expansion Plan 4 Casht'low and brea-e, n budgets for UAFA 5 Management and Systems Manuals 5 Automation of L'AA management Systems 6 Agricultural Input S tuazion Studies 7 Cost of PRoduction Studies (Farnnmodels) 7 Farmer profile studws 8 Training 8 Concluding Remarks 9 Annexes 1 Te.rn-3 of Referenceof the Es'tbablishment Comittee. 2. Itinerary oz' the Establishment Committee. 3. List of Members of the Est~b'ishimnt bomittee. TERMINAL REPORT OF THE ESTABLISHMENT COMMITTEE OF THE UGANDA AGRICULTURAL FINANCIA. AGENCY (UAFA) July 1987 THE RACKGROUND The Board of Directors of the Bank of Uganda approved establishment of the UAF in December 1985. Following that decision of the Bank at its meeting Management in March 1986 detailed its Development Finance Department to provde leadership for organizing and facilitating the settng up of UAFA by opening up a desk within the Department for that purpose. At Lhe Departmental meeting held on March 27, 1986, a nucleus committee tas established under the chairmanship of J. Nsereko to work in detail the modalities out of establishing UAFA as a corporate entity. Specific terms of reference of the committee are annexed to this report. Between April 1986 and March 1987, the commnittee he~d twenty four working meetinzs and the product. of that effort constitutes this report. -
Nozzom Newsletter Issue
NOZZOM NEWSLETTER ISSUE #29 - December 2017 Moving… Foreword Contents Welcome to our new issue of Nozzom, where we share with you our events and projects as well as our future plans and outlook on happenings and opportunities. Maturity does not necessarily come with age, but with experience. As is the case with sentient beings, organizations have a lifecycle in 04 which they themselves experience various stages of learning, developing, adapting, and striving towards being better. With maturity comes NOZZOM NEWSLETTER ISSUE #29 responsibility: the responsibility to look inwards, at the way business is done and how it can develop itself to improve; and outwards, at how Agility in ENAL the organization can support and further contribute to the development of the society in which it finds itself. Chairman Recognizing where we are currently at, Giza Systems’ goal is to self-develop, learn from our experiences, and mature as a whole, with reference Shehab ElNawawi to our business and our community alike. We are entering a ‘regeneration’ phase that surpasses adapting to our surroundings. Quintessentially, it is about striving to do better and be better. Managing Editor Just a few highlights on what you can expect in this issue of Nozzom: Lara Shawky New Leaps • Giza Systems Implements 50,000 Smart Meters in North Cairo Zone in Saudi 15 • Fire Alarm and Detection Systems Implementation in Al Masah Capital Complex, New Cairo Internatinal Convention and Exhibition Center, Mzizima Tower Complex, Meliá Hotels International Creative & Art Director -
Total Pearl of Rally 2002
V-Power Pearl Of Africa Uganda Rally 2015 Rally Guide RALLY GUIDE Regulatory Power: The 18th Pearl of Africa Uganda Rally 2015 will be run in accordance with the International Sporting Code (and its Appendices), the General Prescriptions applicable to all FIA Rally Championships, FIA Africa Rally Championship regulations, the FMU Sporting Code that complies with FIA Regulations and the Supplementary Regulations (and its Appendices). This document has no regulatory power and is issued as a guide only. Federation Of Motor Sports Clubs Of Uganda 1 V-Power Pearl Of Africa Uganda Rally 2015 Rally Guide CONTENTS 1.0 INTRODUCTION 1.1 Message From the Organising Committee 1.2 Event History 1.3 Past winners of the event 1.4 Event Overview 2.0 EVENT ORGANISATION 2.1 Rally Office Contact Details 2.2 Programme of Rally 2.3 Critical Competitor Deadlines 3.0 COMPETITOR ARRANGEMENTS - "Pre-Event" 3.1 Entry Fee 3.2 Competitor Assistance 3.3 Vehicle Eligibility 3.4 Vehicle and Parts Importation 3.5 Two Way Radios 3.6 Medical Cards 3.7 Personal Accident Insurance 3.8 Servicing Arrangements 3.9 Fuel 3.10 Tobacco Advertising 3.11 Prize Giving 3.12 Corporate Hospitality 4.0 COMPETITOR ARRANGEMENTS - "At the Event" 4.1 Secretariat 4.2 Practice Sections (Shakedown) 4.3 Reconnaissance Arrangements 4.4 Reconnaissance Accommodation 4.5 Media Publicity 4.6 Turbo and Spare Part Sealing 4.7 Competitors Briefing 4.8 Documentation 4.9 Scrutineering 5.0 GENERAL 5.1 Facts about Uganda 5.2 Driving in Uganda 5.3 Important Information 5.4 Consular Services 5.5 General Services 5.6 Medical Services 5.7 Vehicle Services 5.8 ARC Calendar Federation Of Motor Sports Clubs Of Uganda 2 V-Power Pearl Of Africa Uganda Rally 2015 Rally Guide 1.0 INTRODUCTION 1.1 Message From The Organising Committee The Organizing Committee invites participants to come and experience Uganda and the Pearl Of Africa Uganda Rally 2015 (POAUR 2015). -
Bank Supervision Annual Report 2019 1 Table of Contents
CENTRAL BANK OF KENYA BANK SUPERVISION ANNUAL REPORT 2019 1 TABLE OF CONTENTS VISION STATEMENT VII THE BANK’S MISSION VII MISSION OF BANK SUPERVISION DEPARTMENT VII THE BANK’S CORE VALUES VII GOVERNOR’S MESSAGE IX FOREWORD BY DIRECTOR, BANK SUPERVISION X EXECUTIVE SUMMARY XII CHAPTER ONE STRUCTURE OF THE BANKING SECTOR 1.1 The Banking Sector 2 1.2 Ownership and Asset Base of Commercial Banks 4 1.3 Distribution of Commercial Banks Branches 5 1.4 Commercial Banks Market Share Analysis 5 1.5 Automated Teller Machines (ATMs) 7 1.6 Asset Base of Microfinance Banks 7 1.7 Microfinance Banks Market Share Analysis 9 1.8 Distribution of Foreign Exchange Bureaus 11 CHAPTER TWO DEVELOPMENTS IN THE BANKING SECTOR 2.1 Introduction 13 2.2 Banking Sector Charter 13 2.3 Demonetization 13 2.4 Legal and Regulatory Framework 13 2.5 Consolidations, Mergers and Acquisitions, New Entrants 13 2.6 Medium, Small and Micro-Enterprises (MSME) Support 14 2.7 Developments in Information and Communication Technology 14 2.8 Mobile Phone Financial Services 22 2.9 New Products 23 2.10 Operations of Representative Offices of Authorized Foreign Financial Institutions 23 2.11 Surveys 2019 24 2.12 Innovative MSME Products by Banks 27 2.13 Employment Trend in the Banking Sector 27 2.14 Future Outlook 28 CENTRAL BANK OF KENYA 2 BANK SUPERVISION ANNUAL REPORT 2019 TABLE OF CONTENTS CHAPTER THREE MACROECONOMIC CONDITIONS AND BANKING SECTOR PERFORMANCE 3.1 Global Economic Conditions 30 3.2 Regional Economy 31 3.3 Domestic Economy 31 3.4 Inflation 33 3.5 Exchange Rates 33 3.6 Interest -
Bank of India (Uganda) Ltd Application for Opening an Account
Bank of India (Uganda) Ltd Application for opening an account Date: / / Customer ID No. Account No. (UGX): Account No. (USD): I / We hereby request Bank of India (Uganda) Limited to open following accounts with the following details. Type of A/c’s (Tick whichever is appropriate); Saving A/c Current A/c Fixed Deposit A/c Recurring Deposit A/c Currency Type (Tick whichever is appropriate); Ugandan Shillings USD GBP EUR Other (specify) For this purpose I / We supply the following information: Name of the Account: Mr /Mrs /Ms /Dr /M/s; ____________________________________ _______________________________________________________________________________________ CONSTITUTION INDIVIDUAL SINGLE JOINT COMPANY PUBLIC (LISTED/UNLISTED) PRIVATE (LISTED/UNLISTED) FIRM SOLE PROPRIETORSHIP PARTNERSHIP TRUST/SOCIETY PERSONAL DETAILS No First Name Middle Name Last Name 1 2 3 4 1 Date of Birth: 2 Date of Birth: 3 Date of Birth: 4 Date of Birth: ------/-------/----------- -------/-------/---------- ------/------/---------- -----/------/------------- Marital Status: Single Married Other (Specify) ________________ 1 Nationality: 2 Nationality: 3 Nationality: 4 Nationality: ----------------------- ------------------------ ---------------------- ------------------------ WORK DETAILS/OCCUPATION OCCUPATION/NATURE OF BUSINESS: EMPLOYER’S NAME: EMPLOYER’S ADDRESS: CONTACT DETAILS/ADDRESS NO CORRESPONDENCE ADDRESS PERMANT ADDRESS OFFICE ADDRESS 1 2 3 4 TELEPHONE NUMBERS/EMAIL ADDRESS NO MOBILE RESIDENTIAL OFFICE/FAX EMAIL 1 2 3 4 IDENTIFICATION PARTICULARS NO PASSPORT NO. DRIVING PERMIT NO. VOTER’S CARD NO. NSSF NO. 1 2 3 4 ISSUED BY: ISSUE DATE:____/____/______ EXPIRY DATE:____/____/_______ TIN NUMBER/ REGISTRATION NO: Do you have any other Bank Account(s) with Bank of India (U) Limited? Yes No NO ACCOUNT NUMBER BRANCH DETAILS OF CREDIT FACILITIES(IF ANY) 1 2 3 4 ACCOUNT FACILITIES REQUIRED 1) Cheque Book; Yes No {No. -
Atukwase-CEDAT-Bachelors.Pdf
MAKERERE UNIVERSITY COLLEGE OF ENGINEERING, DESIGN, ART AND TECHNOLOGY SCHOOL OF BUILT ENVIRONMENT DEPARTMENT OF CONSTRUCTION ECONOMICS AND MANAGEMENT TOPIC THE EFFECT OF INTEREST RATES ON THE SUPPLY OF REAL ESTATE FINANCE IN KAMPALA BY ATUKWASE POLLY 14/U/5637/PS “A Research project submitted to the Department of Construction Economics and Management in partial fulfillment for the Award of a Degree of Bachelor of Science in Land Economics of Makerere University” i Scanned by i ACKNOWLEDGEMENT I thank the Almighty God for health and strength throughout my academic work. My gratitude goes to my family, my relatives and all those who have contributed to my success in one way or the other. I sincerely thank my Supervisor, Mrs. Hakiri Julian for her guidance, advice, support and for awakening my enthusiasm for carrying out this research study. I appreciate her for timely response and professional knowledge throughout the research period. A token of appreciation also goes to the respondents who gave feedback on the questionnaires on timely basis. I thank all my Course mates for their ideas, support and inspirations to actualize my dream. To my sisters and brothers, I cannot thank them enough for their exemplary guidance and being on my side throughout my research work. My indebtedness appreciation goes to my mother for her motivation and assistance throughout the research work. May the Almighty God protect and bless all of you for your tireless support. Our God reigns. ii DEDICATION This project is dedicated to my parents, Mr. Kanyamurwa Francis and Mrs. Jolly Kyasiimire, and my brothers, Ronald Natukwasa and Innocent Bwengye not forgetting my Lovely sisters, for their social, financial and spiritual support throughout my education life and for laying down my academic foundation.