MAHA AGRICULTURE PUBLIC CO, LTD
Who is our client
Maha Agriculture Microfinance is a young microfinance institution, focused on agriculture in rural Myanmar. MAHA was registered in 2013, starting operations in 2014 and is growing substantially now serving 8,245 customers through 33 branches in 8 provinces.
To increase access to improved and appropriate finance to Myanmar’s farmers through the implementation of a solution developed by AgFintech Harvesting. The project will scale Maha’s farmer lending operations, through implementation of a digital field application, building credit risk scores using alternative datasets, including geodata, provision of loan approval and monitoring dashboard.
Why we fund this project
The project is of high strategic relevance given its link with the key Massif strategic points or rural livelihoods, smallholder farmer finance, innovation targeted at financially excluded people.
|Date||Total FMO financing|
|7/27/2020||USD 3.00 MLN|
|1/31/2019||USD 3.00 MLN|
- Financial Institutions
- Signing date
- Total FMO financing
- EUR 0.08 MLN
Risk categorization on environmental and social impacts, A = high risk, B+ = medium high risk, B = medium risk, C = low risk
Environmental & Social Category
(A, B+, B or C)