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Early Dawn Microfinance Company Ltd

Sector: Government • Location: Myanmar

Source: Finnfund

Project
Unknown

Save the Children Myanmar started the Dawn Microfinance Program in 2002. Over the following 13 years, Dawn evolved to become a successful microfinance program lending to women-owned businesses in the peri-urban areas of Yangon. In March 2015, the program was transformed into a regulated microfinance company, capitalized by Accion, FMO, and Triodos. Today, Early Dawn Microfinance Company Limited (“

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The project “Early Dawn Microfinance Company Ltd” is an infrastructure initiative in the Government sector, located in Myanmar. Taiyo aggregates data on it from Finnfund.

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Description

Description

Save the Children Myanmar started the Dawn Microfinance Program in 2002. Over the following 13 years, Dawn evolved to become a successful microfinance program lending to women-owned businesses in the peri-urban areas of Yangon. In March 2015, the program was transformed into a regulated microfinance company, capitalized by Accion, FMO, and Triodos. Today, Early Dawn Microfinance Company Limited (“DAWN”) serves over 200,000 clients through 61 branches in six regions across Myanmar. In terms of client outreach, DAWN is the third largest MFI in Myanmar. The fast growth of DAWN’s loan portfolio, 82% CAGR since 2016, reflects the huge market potential for microfinance industry in the country. In order to facilitate the strong loan portfolio growth, DAWN will need USD 100 million of debt funding during the next 24 months.

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Source reliability

High

Data quality score

100%

Source

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URL

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