Browsing by Author "Noura Ibrahim, Mohamed"

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    An information system for a credit reference bureau:
    (Kampala International University, School of Computing and Information Technology, 2009-05) Ashaba Ainea, Michael; Noura Ibrahim, Mohamed
    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.