Myanmar

Financial services

Financing granted

Loan of €3.2M *
(equivalent in local currency)

Foundation partner

since 2017
(4 loans granted)

*Outstanding amount at grant value
Partner website

Context:

The agricultural sector is still structuring (28% of the GDP and 70% of the active population) but the share of the service sector tends to increase. The rural population rose to 69.42% in 2018.

The institution:

Proximity is a microfinance institution created in Myanmar in 2010 that designs and delivers affordable and income-generating products for rural families.

Impact:

Proximity strives to improve the livelihoods of rural Myanmar people by providing innovative financial services tailored to their needs. The institution uses the dynamism of businesses to create social value.

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