Group loans
characteristics

Loan amounts
MMK 100,000 to MMK 1,000,000 per member

Loan term
6,9 or 12 months

Members
5 to 10 members

Repayment
Monthly

Compulsory savings
5% of the approved loan amount
remunerated at 14% interest per year

Interest rate
2.33% per month on the remaining balance

Administration fee

For a 6 months loan 1.0%
For a 9 months loan 1.5%
For a 12 months loan 2.0%

Group Loan Calculator

100,000ks     1,000,000ks
6 months     12 months
Administrative fees

Total Interest
Total cost:
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Eligibility

Myanmar citizen of minimum 18 years old

Owner of a small business generating enough income to repay the loan

Applicant must be approved and guaranteed by all the members of his group

All group members must live in an area served by Easy Microfinance

Area's of operation

YANGON

Thingangyun
Thaketa
South Dagon
South Okkalapa
Tamwe
Dawbon
Yankin
Ahlone
Bahan
Dagon
Kamaryut
Sanchaung

MON 

Mawlamyine
Thaton
Paung
Bilin
Chaungzon
Mudon
Kamarwet
Kyaikmaraw
Kyaikto

KAYIN 

Hpa-An
Hlaingbwe
Paingkyon
Shan Ywar Thit

SAGAING

Monywa
Shwebo
Chaung-U
Budalin
Yinmarbin
Kyauk Myaung
Khin-U
Wetlet
Salingyi

MAGWAY

Pakokku
Myaing
Yesagyo
Minbu
Myothit
Aunglan
Taungdwingyi

NAYPYITAW

Pyinmana
Tatkon
Lewe
Det Khi Na Thi Ri
Oke Ta Ra Thi Ri
Poke Ba Thi Ri
Za Bu Thi Ri
Zay Yar Thi Ri

AYEYAWADDY

Pathein
Myaungmya
Pyapon
Danubyu

How to apply

Follow these 4 easy steps…

Need more help?

Feel free to ask
 For questions

If you have a question relating to Easy Microfinance or its products, please click here to find your nearest branch, or to contact us by phone or email.

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© 2019 MC Easy Microfinance Company Limited.

© 2019 MC Easy Microfinance Company Limited.