LOLC Myanmar signed an MOU with the ‘Social Performance Task Force’ ( RIFF-SEA )
USAID in Myanmar partnered with LOLC to issue a $10 million with Development Credit Authority (DCA) loan portfolio guarantee
LOLC has also obtained the SMART Campaign Client Protection Certification in April 2019 as one of MFIs out of two SMART certified MFIs in Myanmar.
LOLC Myanmar Micro-finance received USD 3mm as a capital infusion during the first week of March 2020. With this capital infusion, LOLC Myanmar total equity is USD 3,000,000 and total paid-up capital has increased up to 16,427.346.
We have 71 branches including our head office within 7 regions operating in Myanmar concurrently.