Group Loan
Group Loan is for business owners who have a valid business or willing to starter business.Group Loan Criteria Requirements
- Must be between 18 to 60 years
- Have NRC (National Registration Card), Household Registration
- Have Business license or proof of business
Credit Amount
50,000 MMK to 5,000,000/ 50 thousand to Lakhs (kyats)Loan Period
3 months to 24 months (about 2 years)Group Loan Members
3 to 5 People(Should be like-minded and reliable residents, Member must be responsible together, Live in the same ward with your group member)
Repayment/Reimbursement
Monthly, every 28 daysRate of Interest
Annual interest rate 28% (Maximum)Compulsory savings
Mandatory to save 5% the borrowed Credit AmountThe interest recovered is 14% annually as saving interest
Individual Loan
Individual Loan is for business owners who need to expand their business.This loan product is for our valuable clients to grow and help their business keep running.
Individual Loan Criteria Requirements
- Must be Myanmar citizen between 20 to 60 years
- Have NRC (National Registration Card), Household Registration
- Have Business license or proof of business
- Apply together with a family member
Credit Amount
1,000,000 MMK to 10,000,000/ 10 Lakhs to 100 Lakhs (kyats)Loan Period
6 months to 24 months (about 2 years)Guarantor
A Guarantor must be who has own businessRepayment/Reimbursement
Monthly, every 28 daysRate of Interest
Annual interest rate 28% (Maximum)Compulsory savings
Mandatory to save 5% the borrowed Credit AmountThe interest recovered is 14% annually as saving interest
Consumer Loan
Consumer Loan facilitates collaboration with partner organizations to providenecessary loan for housing and electricity needs in rual area.
Consumer Loan Criteria Requirements
- Must be Myanmar citizen between 20 to 60 years
- Have NRC (National Registration Card), Household Registration
- Have Business license or proof of business
Credit Amount
100,000 MMK to 5,000,000/ 10 Lakhs to 50 Lakhs (kyats)Guarantor
One Guarantor is neededRepayment/Reimbursement
Monthly, every 28 daysRate of Interest
Annual interest rate 28% (Maximum)Compulsory savings
Mandatory to save 5% the borrowed Credit AmountThe interest recovered is 14% annually as saving interest
