Month: August 2019
Fintech/Digital Transformation Intern
Expanding Access and Creating Markets: IFC Enhances Its Support to Myanmar’s Microfinance Sector
In taking a $1.5 million stake in Maha Agriculture Public Company (Maha MFI) and extending $6 million in loans each to Fullerton Finance (Myanmar) Company Limited (Fullerton Myanmar) Continue reading “Expanding Access and Creating Markets: IFC Enhances Its Support to Myanmar’s Microfinance Sector”
MAHA AGRICULTURE MICROFINANCE (MAHA)
Maha Agriculture Microfinance (Maha) is a licensed microfinance institution (MFI) operating in rural areas of Myanmar. Maha is owned by the Myanmar Awba Group (87%) Continue reading “MAHA AGRICULTURE MICROFINANCE (MAHA)”
Maha Agriculture Microfinance and Yoma Bank Sign a Funding Agreement
Yoma Bank and Maha Agriculture Public Co. Ltd. (“Maha Agriculture Microfinance”) jointly announced the completion of a MMK 3.5 billion (USD 2.6 million) funding agreement on April 2nd, Continue reading “Maha Agriculture Microfinance and Yoma Bank Sign a Funding Agreement”
Myanma Awba to Set Up $10 Million Agri Input Plant with IFC’s Help
International Finance Corporation (IFC), the World Bank’s private lending arm, will give a $10 million convertible facility to Myanmar Awba Group Company Ltd Continue reading “Myanma Awba to Set Up $10 Million Agri Input Plant with IFC’s Help”