Mother Finance ကုမ္ပဏီသည် ဗဟိုဘဏ်က အသိအမှတ်ပြုထားသည့် ချေးငွေကုမ္ပဏီဖြစ်ကြောင်း သိရသည်။ ပြီးခဲ့သည့် လပိုင်းက နိုင်ငံပိုင်သတင်းစာများတွင် ရေးသားဖော်ပြထားသည့် သတိထားရမည့် အွန်လိုင်း Apps များဟုဆိုသည့် စာရင်း၌ Mother Finance ကုမ္ပဏီ၏ Apps မှားယွင်းပါဝင်လာသဖြင့် ဖြေရှင်းရခြင်းဖြစ်ကြောင်း အဆိုပါကုမ္ပဏီမှ သိရသည်။

The main important thing to note is that the microfinance organization must not engage in improper practices that would create an unfair opportunity for its own organization or other individuals.

Loan requests and inquiries have surged in Myanmar as households and businesses struggle to cope with COVID-19 restrictions. This has yielded business opportunities for non-bank financial institutions like Mother Finance, which is using technology to meet rising borrower demand and lower the risk of defaults as the pandemic wears on.

Ma Theta Aye, managing director of Mother Finance Co Ltd, aims to grow its number of borrowers by as much as ten times to 100,000 in the next three years. “To do so, we’ll invest in technology and connect to firms with more employees, whom we can offer loans as a fringe benefit,” she said.

Impact investing only contributes to entrepreneur success when combined with time, motivation, and commitment. Summing up years of international experience, multiplied by a personal mission, and adding a committed team, one startup founder took on impact investments, curated bank partnerships, and found technological prowess, to make a solution to financial access in Myanmar.

Just six years ago, in 2013, a mobile user in Myanmar had to pay USD 250 for a SIM card—this in a country where the average annual income was less than USD 200. For most people in Myanmar, the internet was a luxury for a select few; at least, that was the case until February 2014, when the Myanmar government granted licenses to two global telecommunications providers, the Qatari Ooredoo ...

When it comes to fintech, Myanmar has a lot of catching up to do. With a little over a dozen companies compared to about 150 in Vietnam, and over 490 in Singapore, the Burmese fintech sector still trails far behind the rest of Asia. But with a government committed to improving financial inclusion and rapid mobile growth, the sector is poised to take off.

Myanmar counts about 80% of its 55 million inhabitants as unbanked, with no access to mainstream financial services such as bank-backed credit and savings accounts. However, as the country’s mobile penetration has risen to 126% in January, startups such as Mother Finance have come up with alternative solutions to lend money to the unbanked—based on smartphone data.

Ko Zaw Zaw Aung, general manager at the Kyauk Sein footwear factory in Yangon’s South Dagon Industrial Zone, has been busy answering calls from employees wondering when they can return to work. Like other workplaces around the country, Taiwanese-owned Kyauk Sein was unable to reopen after the 10-day Thingyan holiday in mid-April because of government COVID-19 prevention measures.

Access to credit will no longer be a problem for Myanmar people thanks to an innovative consumer lending application which allows anyone with a smartphone to easily apply for a loan regardless of their financial records, according to Theta Aye, founder and chief executive of Mother Finance Co. Our goal is to serve unbanked customers who are unable to access formal financial services such as credit, ...