MICROFINANCE LICENSE FOR MYANMAR

November 1, 2016

Sometimes it feels as if “Christmas comes early”: we have finally received our microfinance license for Myanmar.

As we were well prepared and had a committed team in place, we could start the activities immediately and are more than happy to use our knowhow, which we have developed in Vietnam over the last 15 years in Myanmar as well.

The demand is there and it is high.

We remain faithful to our philosophy and start our activities in remote rural areas around Mandalay, where people have no access to loans helping them build a modest existence. Our aim is to satisfy the credit needs of 4000 – 5000 families by the end of 2017 and support 500 children with school grants.

As a result, the Dariu Foundation’s team has now grown to over one hundred employees, without whom the Dariu Foundation could not write their success stories