Life Improvement Loan | |
Amount: | From 50,000 up to 300,000 Kyats |
Maturity: | 6 months |
Interest rate: | 28% (declining balance) |
Documentation Fee: | 0.75% of disbursed loan amount |
Compulsory saving: | 5% of disbursed loan amount |
Benificary Welfare Fund: | 0.25% of disbursed loan amount |
Repayment frequency: | Weekly, Bi-weekly and Every Four Weeks based on Opreation Location |