LOANS
Group Loan
For groups of five borrowers, we provide financing for the purchase of productive assets such as raw materials, shop stocks, small machinery and livestock. Loans are also available for specific needs such as agriculture, healthcare and education.
- Loan size: up to MMK1,000,000
- Loan tenor: 3 to 12 months
- Repayment frequency: Fortnightly
- Interest rate: 2.33% per month (28% per year)
- Requirements: National Registration ID, Household Registration Book
Small Business Loans
Our business loans are meant to provide working capital to business owners in both rural and urban locations. Through a loan from Fortune Fund Myanmar, we hope to enable micro entrepreneurs to improve and grow their businesses.
- Loan size: up to MMK10 million
- Loan tenor: 6 to 24 months
- Repayment frequency: Monthly
- Interest rate: 2.33% per month (28% per year)
- Requirements: National Registration ID, Household Registration Book
Personal Loans
Our personal loans are suitable for salaried individuals looking to renovate their home or buy new furniture, appliances and small electronics. This loan can also be used for other consumption purposes such as medical emergencies, a wedding or education.
- Loan size: up to MMK1.5 million
- Loan tenor: 6 to 24 months
- Repayment frequency: Monthly
- Interest rate: 2.33% per month (28% per year)
- Requirements: National Registration ID, Household Registration Book
Hire Purchase
We provide hire purchase financing to business owners or salaried individuals for durable goods like motorbikes. The borrower only needs to make a minimum deposit, and we will take care of ensuring that the item is made available for his/her use:
- Loan size: up to MMK2.5 million
- Loan tenor: 6 to 24 months
- Repayment frequency: Monthly
- Interest rate: 2.33% per month (28% per year)
- Requirements: National Registration ID, Household Registration Book