Compliance.

Our regulatory standing, stated plainly.

Non-deposit-taking institution. We do not take savings deposits or offer savings accounts. Any amount held during a loan is security, returned in full after repayment.

Uganda Registration Services Bureau (URSB)

Registered

Incorporated under the Uganda Companies Act, 2012. Registered as a monetary intermediation business.

Registration No. 80034879228612

UMRA Tier IV Money Lender Licence

In progress

Application submitted under the Tier 4 Microfinance Institutions and Money Lenders Act, 2016. We operate under our URSB registration until the licence is issued.

Application submitted

Uganda Revenue Authority

Registered

Registered for tax purposes.

TIN: 1058061488

Credit Reference Bureau (CRB)

In progress

Subscription pending UMRA licence. Once subscribed, all repayment data will be reported to the CRB.

Subscription pending

Data Protection and Privacy Act, 2019

Compliant

All personal data handled in accordance with the Act. Data is never sold.

Registered with PDPO

What Tier IV means.

Uganda's microfinance sector is regulated in tiers under the Tier 4 Microfinance Institutions and Money Lenders Act, 2016, administered by UMRA.

Tier IV institutions lend their own or borrowed capital. They do not take deposits from the public. This is what Kuula is.

Kuula's long-term ambition is to become a Tier III deposit-taking institution by Year 5 to 7, subject to UMRA approval and capital requirements. This is an aspiration, not a current capability.

Compliance questions.

Regulators, investors or partners with questions can write to us directly.

support@kuulamicrofinance.com