The Microcredit Act

Date

to minimize the possibility of the sector being used as a conduit for money laundering/terrorism financing and related matters, and to support adherence with the market conduct related provisions of the Act

General Objectives

licensing and regulating microcredit institutions (MCIs) that provide financing to individuals as well as, micro, small and medium sized enterprises.

Beneficiaries
individuals as well as, micro, small and medium sized enterprises.
Country
Type
Decree
Responsible institution
Topics / Chapters
A. Integration of population dynamics
Main Priority Measure