List of Countries
Myanmar
With over 95% of businesses in Myanmar classified as small and medium-sized enterprises (SMEs), approximately 70% of their income generation is linked to agriculture. Recognizing the potential in this sector, LOLC Myanmar views the country as an ideal environment for nurturing a new generation of entrepreneurs. Established in 2013 as a licensed deposit-taking institution, LOLC Myanmar Microfinance Company Limited has strategically focused on providing tailored financial support to the agricultural sector. This approach aims to empower local farmers and agribusinesses, ultimately contributing to sustainable economic growth in the country.
-
$ 1,188
GDP per Capita -
54.6 Mn
Population -
$ 170 Mn
Gross Loan Portfolio -
86
No. of Branches
LOLC Myanmar Micro-Finance Company Limited
LOLC Myanmar, LOLC’s Greenfield operation in Myanmar, was incorporated as a licensed deposit-taking microfinance institution in 2013. The company offers a wide range of credit facilities including group loans, and individual loans. Currently, it is among the top five microfinance institutions in the country in terms of assets.
LOLC Insurance Myanmar
LOLC Insurance Myanmar is a representative office of LOLC Life Assurance Ltd. LOLC believes in the immense potential in the market with the Myanmar insurance segment being young and underdeveloped along with the lowest insurance penetration rate in the region.
