All News and Announcements

Showing 1 - 4 of 4
News

Microfinance Firms in Myanmar Struggle to Stay Afloat in Second Wave

Government travel restrictions and orders to defer repayments and lower interest rates on loans due to COVID-19 have reduced the ability of Myanmar’s microfinance companies to help rural people who desperately need capital.

News

COVID-19 Is Boosting Fintech and Mobile Money in Myanmar, but What’s Next?

Where does Myanmar’s fintech industry stand after its first decade?

News

Lift and Department of Social Welfare Announce $9 Million in COVID-19 Cash Support

Myanmar Ministry of Social Welfare, Relief and Resettlement, Department of Social Welfare and Livelihoods and Food Security Fund LIFT have announced funding of $9 million in COVID-19 cash support to mothers, pregnant women and social pension beneficiaries.

News

Myanmar Govt Extends Temporary Suspension of Microfinance Operations to May 15

The temporary suspension of microfinance activities aligns with government efforts to prevent the spread of COVID-19 through mass gatherings and close contact.