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KHMF Equity&Loan

Sector: Raw Materials • Location: Myanmar

Source: International Finance Corporation (IFC)

Project
Completed

The proposed project consists of (i) an equity investment of up to US$3 million in KEB Hana Microfinance Ltd. (“KHMF”, or the “Company”), a deposit taking microfinance company in Myanmar, and (ii) a MMK denominated senior loan of up to US$10 million equivalent for a tenor of up to 5 years to KHMF for on-lending to micro enterprises in Myanmar. Through the investment, IFC will support KHMF’s growth

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Project Information

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The project “KHMF Equity&Loan” is an infrastructure initiative in the Raw Materials sector, located in Myanmar. Taiyo aggregates data on it from International Finance Corporation (IFC).

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Participants

Sponsoring Agency

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Company

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Status

Original status

completed

Taiyo status

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Description

Description

The proposed project consists of (i) an equity investment of up to US$3 million in KEB Hana Microfinance Ltd. (“KHMF”, or the “Company”), a deposit taking microfinance company in Myanmar, and (ii) a MMK denominated senior loan of up to US$10 million equivalent for a tenor of up to 5 years to KHMF for on-lending to micro enterprises in Myanmar. Through the investment, IFC will support KHMF’s growth of its micro and very small enterprise (“VSE”) loan portfolio, which increases financial inclusion and reduces poverty in Myanmar. The Company focuses on extending small loans to support the financing needs of the lower-income population, especially women, across Myanmar.  

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Original Currency

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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More Details

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