Microfinance Loan is a product which is offered to a female entrepreneur only. The core objective of this product is to empower the women in the country so that they can contribute to the economy effectively.
The key features of this loan are:
- The loan is for expansion of small businesses only.
- Helps underprivileged to overcome the dependency on moneylenders.
- Develops a self-help mentality and self-employment capacities of the entrepreneurs.
- Makes the underprivileged communities self-reliant through involving in income-generating activities.
Loan ceiling (1st loan)
MMK 400,000 – 1,000,000
Up to MMK 500,000
loan processing fees
No. of instalments
23 / 12
Loan duration / period
Processing time for 1st loan
1 - 2 weeks
21 - 60
Maximum loan limit