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Opic Provides $5 Million Loan To Brac In Support Of Microfinance Lending In Myanmar

WASHINGTON – The Overseas Private Investment Corporation (OPIC), the U.S. Government’s development finance institution, has provided a $5 million loan to BRAC Myanmar Microfinance Company Limited, a microfinance institution in Myanmar operated by BRAC International, to support lending to poor and underserved borrowers. OPIC’s support will help BRAC Myanmar provide more loans and increase financial […]

DAWN Microfinance gears up for higher borrower demand

Early Dawn Microfinance Company Ltd (DAWN) is expecting lending in Myanmar to pick up on the back of the launch of a credit bureau in the country later this year, and as the banking sector opens up. “Myanmar is already in the process of opening up the banking sector and we see opportunities to serve […]