Small Business Improvement Loan | |
Amount: | From 1,000,000 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 (based on 12 months) |
Benificary Welfare Fund: | 0.5% of disbursed loan amount (based on 12 months) |
Repayment frequency: | Every Four Weeks |