US Solar Firm Tackles Cost Barriers Through Instalment System

A US-based solar product company launched its services in Myanmar with the support of the International Finance Corporation and United Nations Capital Development Fund to widen access to clean energy among the rural population. The opening of its first store in Myanmar was accompanied with the introduction of the instalment system for purchases. Greenlight Planet […]

Bringing banks to the poor

Changes need to be made to promote financial inclusion particularly among the poorest, according to a report by a joint team including several United Nations organizations. Some 15 percent of adults are currently borrowing an estimated US$3.9 billion from unregulated money lenders in Myanmar while less than 5pc of the population have formal bank accounts. […]