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We aim to develop and give a sustainable life for rural people in Myanmar
Myat Kyun Thar Microfinance Limited
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General Loan
Amount: From 200,000 MMK ~ 2,000,000 MMK (based on loan cycle)
Maturity: 1 Year
Annual interest rate: 28% (declining balance)
Documentation Fee: of disbursed loan amount (based on 12 months)
Compulsory saving: of disbursed loan amount
Beneficiary Welfare Fund: of disbursed loan amount (based on 12 months)
Repayment frequency: Weekly, Bi-weekly and Every Four Weeks based on Operation Location
Teacher Loan
Amount: From 200,000 MMK ~ 1,000,000 MMK
Maturity: Year
Annual interest rate: 28% (declining balance)
Documentation Fee: of disbursed loan amount (based on 12 months)
Compulsory saving: of disbursed loan amount
Beneficiary Welfare Fund: of disbursed loan amount (based on 12 months)
Repayment frequency: Monthly based on Operation Location
Staff Loan
Amount: From 200,000 MMK ~ 1,000,000 MMK
Maturity: Year
Annual interest rate: 28% (declining balance)
Documentation Fee: of disbursed loan amount (based on 12 months)
Compulsory saving: of disbursed loan amount
Beneficiary Welfare Fund: of disbursed loan amount (based on 12 months)
Repayment frequency: Monthly and Every Four Weeks based on Operation Location
Special Loan
Amount: From 100,000 MMK ~ 400,000 MMK (based on loan cycle)
Maturity: Year
Annual interest rate: 28% (declining balance)
Documentation Fee: of disbursed loan amount (based on 12 months)
Compulsory saving: of disbursed loan amount
Beneficiary Welfare Fund: of disbursed loan amount (based on 12 months)
Repayment frequency: Weekly, Bi-weekly and Every Four Weeks based on Operation Location
Agriculture Loan
Amount: From 150,000 MMK ~ 750,000 MMK
Maturity: Year
Annual interest rate: 28% (declining balance)
Documentation Fee: of disbursed loan amount (based on 12 months)
Compulsory saving: of disbursed loan amount
Beneficiary Welfare Fund: of disbursed loan amount (based on 12 months)
Repayment frequency: Monthly and Every Four Weeks based on Operation Location
Micro Enterprise Loan
Amount: From 1,000,000 MMK ~ 10,000,000 MMK
Maturity: Year
Annual interest rate: 28% (declining balance)
Documentation Fee: of disbursed loan amount (based on 12 months)
Compulsory saving: of disbursed loan amount
Beneficiary Welfare Fund: of disbursed loan amount (based on 12 months)
Repayment frequency: Monthly and Every Four Weeks based on Operation Location
We provide Loan to individual or Groups. | Loan Period: 4 months, 6 months, 12 months | Loan Interest: Interest is calculated as decline method.
Saving
” Savings can help the accumulate assets which could be used for business and household purposes while also earning interest on savings. ”
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Compulsory Saving
The minimum savings that condition the borrower's access to loans and can be seen as a substitute for collateral imposing a positive inducement for repayment. MFI regulation typically does not allow withdrawal and use of those savings until the loan is repaid.
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Voluntary Saving
The minimum savings that condition the borrower's access to loans and can be seen as a substitute for collateral imposing a positive inducement for repayment. MFI regulation typically does not allow withdrawal and use of those savings until the loan is repaid.
Saving Interest
- Interest Rate is 1.25 % per month ( 15% per Annually)
