Aug 24, 2021

Boom and bust in the microfinance sector in Myanmar

While many microfinance institutions are facing the prospects of bankruptcy due to a high share of non-performing loans, others are pushing strongly and expanding their market share. It is certainly a time of market consolidation in the sector. 

VisionFund Myanmar continues to support underserved communities, smallholder farmers, and vulnerable populations following the crisis in February. Between February to June 2021, VFM disbursed 40,098 loans totalling MMK 33.6 billion. Over half of these loans went to the agriculture sector. Read our situation report to find out more. For more information, please click HERE