2019-10-22
The regulatory authority issued Microlending – Act 7 of 2018 to establish the statutory framework governing microlending operations. This legislation mandates compliance standards for licensed lenders and outlines regulatory oversight mechanisms for financial micro-credit providers. Officially published in 2019 and last updated in October 2024, the Act consolidates licensing requirements and operational guidelines into a single regulatory document.
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Create Date October 22, 2019
Last Updated October 18, 2024
Microlending - Act 7 of 2018
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