- Mon - Fri: 8.00am - 05.00pm
- +256 200 911 882
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Mukwasi House Plot 39A, Lumumba
Avenue Level 1 Office 2, Nakasero
Who We Are
About Credit Reference Bureaus Association Uganda Ltd
The Credit Reference Bureaus Association Uganda (Also known as CRBA Pronounced as “Krabah”), is a nonprofit industry body, registered in 2021, representing licensed Credit Reference Bureaus (CRBs) as primary members, along with credit providers, alternative data providers, and other interested key stakeholders within the credit ecosystem.
It serves as a platform for advocacy, representation, collaboration, education, and standard-setting, with the goal of strengthening the credit information ecosystem through improved collection, sharing, and referencing.
Vision
To be the leading advocate for best practices and growth in credit information sharing and referencing, promoting credit access and financial inclusion.
Mission
To promote the responsible and inclusive sharing and use of credit information to strengthen credit risk assessment frameworks, building trust in the credit ecosystem; and advance financial inclusion through education, awareness, and advocacy, while representing the interests of credit reference bureaus, lenders, borrowers, and other key industry stakeholders
Values
Integrity : We believe in conducting business in an ethical and transparent manner, upholding the highest standards of integrity and fairness.
Inclusivity : We Promote a diverse and welcoming environment where all voices are respected.
Collaboration : We strive to foster collaboration among our members, stakeholders, and industry participants to collectively enhance the credit reporting infrastructure and promote best practices.
Innovation : We embrace innovation and technology, continuously exploring new ways to improve credit reporting processes, data quality, and risk assessment methodologies.
Consumer and Member-Centricity : We are committed to prioritizing the interests of both consumers and members. We ensure that credit information is used responsibly and transparently, empowering individuals with access to accurate and unbiased credit reports, while also supporting our members' success, engagement, and satisfaction through responsive services and collaborative growth.
Regulatory compliance : We advocate for the compliance to all relevant industry laws and regulations governing credit reporting and actively contribute to the development of these regulations in order to promote sound credit practices.
Professionalism : We strive to foster professionalism and expertise within the credit reporting industry, supporting the training and development of our members to maintain consistent quality standards.
Social responsibility : We are committed to making a positive social impact, advocating for financial literacy and education initiatives, and supporting efforts to combat fraud and identity theft.
What We Do
Promote inclusive, accurate, and responsible credit information sharing and usage among different credit providers and CRBs.
Represent and advocate for supportive policies, regulatory frameworks and improved systems that enhance credit reporting systems.
Foster collaboration among CRBs, credit providers, regulators, development partners and other relevant stakeholders
Establish and uphold industry standards for data quality, integrity, privacy, and consumer protection.
Educate CRBs, consumers, lenders and enhance public awareness on credit information and CRB matters.
Support financial inclusion by enabling broader access to credit through improved CRB services.
Encourage innovation in credit information systems by promoting the use of alternative data sources.
Provide a platform for dialogue, capacity building, and knowledge exchange across stakeholders.
Promote research to inform policy, improve practices, and identify emerging trends in credit reporting.
Current Initiatives
Inclusion of Tier 4 MFIs and other credit providers in using CRBs
Data Quality, integrity and data protection
Incorporation of alternative data in the credit information sharing ecosystem
Public awareness and education
Regional harmonization of credit reporting standards
Legal and policy reforms
Research and innovation
Industry partnerships and collaborations
Financial Inclusion