The process of loan acquisition in Uganda has been very tedious with
long lists of forms to be filled, checks to pass, vast security requirements
and very high interest rates involved.
Compuscan Credit Reference Bureau (U) ltd is a south African~based
private company that was licensed in 2006 by Bank of Uganda to collect
financial information about individual borrowers and companies. This
information is then analyzed and presented to banks and other legal
lending institutions for them to make decisions depending on credit
worthiness of the borrower.
This research aims at creating an information system that will be able to
collect, analyze and interpret data from borrowers and avail it to the
participating banks for them to make decisions on whether to lend or not.
Registered members will be issued with a financial card which will
contain all their details on credit worthiness.
This will be taken as a single requirement for loan acquisition in Uganda and shall in the long run reduce the interest rates on loans.
MICHAEL, A (2021). An Information System For A Credit Reference Bureau Case Study: Compuscan Credit Reference Bureau. Afribary. Retrieved from https://afribary.com/works/an-information-system-for-a-credit-reference-bureau-case-study-compuscan-credit-reference-bureau
MICHAEL, ASHABA "An Information System For A Credit Reference Bureau Case Study: Compuscan Credit Reference Bureau" Afribary. Afribary, 09 Jun. 2021, https://afribary.com/works/an-information-system-for-a-credit-reference-bureau-case-study-compuscan-credit-reference-bureau. Accessed 01 Aug. 2021.
MICHAEL, ASHABA . "An Information System For A Credit Reference Bureau Case Study: Compuscan Credit Reference Bureau". Afribary, Afribary, 09 Jun. 2021. Web. 01 Aug. 2021. < https://afribary.com/works/an-information-system-for-a-credit-reference-bureau-case-study-compuscan-credit-reference-bureau >.
MICHAEL, ASHABA . "An Information System For A Credit Reference Bureau Case Study: Compuscan Credit Reference Bureau" Afribary (2021). Accessed August 01, 2021. https://afribary.com/works/an-information-system-for-a-credit-reference-bureau-case-study-compuscan-credit-reference-bureau