Additional Loans

Additional Loans

When small business owners require additional capital for the reasons listed below, they should borrow:

  1. To expand a business (or)
  2. For small businesses that are now open, to run the business according to the commercial season.


Additional Loans Detail

Even regular loan borrowers are screened and given more loans to expand their small business.

Savings Policy

To encourage members to develop the practices and habits of fundraising.

To satisfy the financial needs of enterprises.

To offer care for families' urgent needs.

Deposit amount –  200 kyats per 100,000 at 5%

Times –  Twice a week

Interest rate  –  15% per year

Withdrawal amount –  Before 2021, loans were provided for 75% of the principal and interest amount, but after that year, loans are only issued if the loan is not repaid. Only issues involving the member’s health or the issues of their families must be provided.

Interest Rates

Only the official interest rate set by the Microfinance Department is used by the company to calculate the loan's interest. It is 28% of the annual loan.