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(opens in a new tab)LOLC Myanmar Microfinance
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Other LenderMicrofinance Bank
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Go to Website (opens in a new tab)About LOLC Myanmar Microfinance
LOLC Myanmar Micro-Finance Company Limited is a microfinance institution operating in Myanmar and part of the broader LOLC Group, a diversified financial services group based in Sri Lanka. The company provides small loans, savings services, and financial inclusion products to low-income individuals, rural households, and micro-entrepreneurs. LOLC Myanmar Microfinance focuses on expanding access to credit for people who are typically excluded from traditional banking systems. It supports small businesses, farmers, traders, and informal workers by offering accessible financial products with simplified requirements and flexible repayment structures.
Amount
MMK 25,000 - MMK 10,000,000
Tenor
6 - 60 months
Min. approval time
24 hrs
Countries
Created on
May 2026
Last updated
May 2026
Requirements
The basic requirements to apply for a loan on LOLC Myanmar Microfinance include:
- • Valid Identification: National ID or government-issued identification.
- • Proof of Residence: Confirmation of address in Myanmar.
- • Income or Business Activity: Proof of farming, trading, or employment.
- • Group Membership (if applicable): Required for group-based lending schemes.
- • Application Form: Completed loan or savings application.
- • Basic Financial Stability: Ability to repay loans based on income assessment.
- • Mobile or Bank Access: Needed for disbursement and repayment processes.
- • Age Requirement: Must be legally eligible under Myanmar financial regulations.
How to Apply
To apply for a loan with LOLC Myanmar Microfinance, visit the lender's website and click on "Get Started." If you meet the eligibility criteria and agree with the terms, complete and submit the online application form.
This lender claims it can approve applications on the same day they are submitted and disburse funds within 24 to 72 hrs.
