Micro Enterprise Loan
Amount: From 500,000 up to 10,000,000 Kyats
Maturity: 12 months up to 24 months
Annual interest rate: 28% (declining balance)
Documentation Fee: 1.5% of disbursed loan amount (based on 12 months)
Compulsory saving: 4% of disbursed loan amount
Benificary Welfare Fund: 0.5% of disbursed loan amount (based on 12 months)
Repayment frequency: Weekly, Bi-weekly and Every Four Weeks based on Opreation Location