17 February 2025
The MSME Development Fund Management Organization has announced that loans will be disbursed at a minimum interest rate of 3 percent and a maximum of 5 percent per annum for MSMEs.
The Myanmar Economic Bank, Myanmar Agricultural Development Bank and 16 private banks are providing loans to MSMEs in the Union Territory of Nay Pyi Taw for the purchase of equipment and raw materials for their business expansion.
The loan interest rates are 3 percent per annum for loans that will use at least 30 percent of Fixed Capital, 4 percent per annum for loans that will use 100 percent of Working Capital, and 5 percent per annum for loans that will be disbursed through the Credit Guarantee Insurance-CGI system.
MSME entrepreneurs who wish to obtain loans can contact the relevant Union Territory, Nay Pyi Taw Region/State MSME agencies to apply for loans.
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