Alliance for Microfinance in Myanmar

What Alliance for Microfinance in Myanmar does

Alliance for Microfinance in Myanmar is a for-profit microfinance institution founded in 2014 as a partnership between Swiss firm FIDES and India's BASIX, with additional shareholders including BOPA, Insitor Impact Asia Fund, the Danish IFU, and Asia Impact Investment Fund. The institution targets unbanked micro-entrepreneurs, women entrepreneurs, and smallholder farmers in rural Myanmar through Joint Liability Group lending (3–6 members), individual small-enterprise loans, and farmer loans, alongside three tiered savings products (Tha Pyay, Sabae, and Padauk Saving). It serves 88,603 families with an outstanding loan portfolio of approximately USD 48.3 million and an average loan size of USD 546 across branches in the Magway, Mandalay, Sagaing, Shan, and Yangon regions, supported by the Alliance CFA mobile application and an integrated financial-education curriculum aligned with the Universal Standards of Social and Environmental Performance Management.

The company's revenue model rests on interest income from its loan book, supplemented by net interest spread on client savings deposits (priced at 10–14% annually). Distribution is field-led: Client Officers process loans in groups at clients' locations, with marketing reinforced through Facebook, LinkedIn, YouTube, TikTok, Telegram, and Viber channels and on-the-ground community referrals. Alliance augments credit services with non-financial offerings such as business-management workshops, Climate Smart Agriculture training delivered with CESVI Myanmar, and a Social Benefit program that disbursed approximately MMK 500 million to 919 earthquake-affected members in March 2025, reinforcing its double bottom-line positioning in a sanctions- and macro-sensitive frontier market.

Name

Alliance for Microfinance in Myanmar

Legal name

Alliance for Microfinance in Myanmar

Website

https://alliance-mm.com

Company type

Private

Founded year

2014

Operating status

Operating

Headcount range

11–50 employees

Short description

Alliance for Microfinance in Myanmar is a for-profit MFI that provides group and individual loans plus tiered savings products to unbanked micro-entrepreneurs, women entrepreneurs, and smallholder farmers across five Myanmar regions, serving 88,603 families with a USD 48 million loan portfolio.

Ownership category

akta.pro rank

Product category

Microfinance

NAICS

Other Nondepository Credit Intermediation (52229)

SIC

Short-Term Business Credit Institutions (6153)

akta.pro primary industry

Microloans & Working Capital Loans (FSAKAGAA)

akta.pro secondary industries

Microenterprise Group Lending (Joint Liability) (FSAKAGAH), Agricultural & Rural Microfinance (FSAKAGAG)

Keywords

• Microfinance services
• Group lending
• Savings accounts
• Agricultural loans
• Financial inclusion

Headquarters

HQ city

Mandalay

HQ country

Myanmar (Burma)

HQ region

Asia

Offices10 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales

Revenue model

1. Microfinance Loan Interest Income: Alliance generates revenue through interest charged on microfinance loans including group loans (Mahamate, Doh Taungthu) and individual loans (Shweyaung Anagat, Shwe Thinan). Loan amounts range from MMK 150,000 to 13,000,000 with tenures from 6 to 24 months.
2. Savings Deposits: Accepts savings deposits from clients through Tha Pyay Saving (10% annual interest), Sabae Saving (14% annual interest on regular deposits), and Padauk Saving (12-14% annual interest on term deposits).

Pricing tiers

Go-to-market motion2 records

Distribution channels2 records

Marketing channels4 records

Core offering

Alliance for Microfinance in Myanmar provides microfinance products and services to unbanked entrepreneurs in Myanmar. Its core offering comprises four loan products (Mahamate and Doh Taungthu group loans; Shweyaung Anagat and Shwe Thinan individual loans) and three savings products (Tha Pyay, Sabae, Padauk), distributed through a regional branch network and a mobile application (Alliance CFA) with integrated financial education.

Product overview

Alliance for Microfinance in Myanmar operates as a microfinance institution offering a unified portfolio of financial products and services. The company provides four distinct loan products: Mahamate (Joint Liability Group) and Doh Taungthu (Farmer Group) for group lending; Shweyaung Anagat (Individual Small Enterprise) and Shwe Thinan (Individual Agriculture) for individual lending. Additionally, the company offers three savings products: Tha Pyay Saving (regular savings with 10% interest), Sabae Saving (plan-based deposits with 14% interest), and Padauk Saving (term deposits with tiered rates up to 14%). Services target micro-entrepreneurs particularly women entrepreneurs in rural Myanmar, with a digital CFA mobile application for customer access. The portfolio operates on a branch network across multiple regions in Myanmar with financial education integrated into loan processes.

Differentiator

Problem solved

Functional benefit

Brands

• Alliance CFA: Mobile application for clients to access services
• Mahamate
• Shweyaung Anagat
• Doh Taungthu
• Shwe Thinan
• Tha Pyay Saving
• Sabae Saving
• Padauk Saving

Products and services

• Mahamate Loan (Joint Liability Group)

Quantifiable outcome

• 88,603 families served with microfinance services
• +2 more outcomes

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

One partnership is on record.

• CESVI MyanmarmajorStrategic or Co-development Partner · 14 March 2026International NGO working with Alliance on Market Networking and Linkage Events for agricultural products. Jointly organized events on March 14, 2026 in Kyaukse and March 18, 2026 in Mandalay to help farmers access better market prices. Also partnered on Climate Smart Agriculture training for approximately 130 farmers affected by March 2025 earthquake, conducted January 20-23, 2026 in Mandalay and Kyaukse.

Scale indicators7 records

Recent moves15 records

Expansion highlights4 records

Direct peers

• ASA Myanmar (ASA International): ASA International operates a network of small-ticket microfinance subsidiaries across South and Southeast Asia, including Myanmar. Comparable on microloan product structure, weekly repayment discipline, and rural unbanked customer focus, providing a regional scale benchmark for Alliance.
• BRAC Myanmar: BRAC operates a microfinance program in Myanmar targeting women micro-entrepreneurs using a group-lending methodology similar to Alliance's Mahamate product. Both serve low-income rural borrowers with a social-performance overlay, and both receive support from development finance institutions.
• BASIX (India): BASIX is a co-founder of Alliance and one of India's pioneering livelihood-focused microfinance institutions. It uses a comparable integrated financial services + financial education + livelihood promotion model serving rural poor households, providing a methodological and product-level reference point.
• LOLC Myanmar: LOLC, the Sri Lankan financial conglomerate, expanded into Myanmar microfinance through its subsidiaries. It is directly comparable to Alliance on product mix (group and individual microloans), rural Myanmar footprint, and emerging-market microfinance operating model.
• VisionFund Myanmar: VisionFund Myanmar is the microfinance arm of World Vision operating across Myanmar with a similar rural, women-focused client base. Comparable on customer segment, group lending methodology, and impact-investor-aligned funding model, serving as a strong direct peer in the same geography.
• Proximity Finance (Myanmar): Proximity Designs (formerly Proximity Finance) is one of the largest Myanmar-based microfinance institutions serving rural households. It shares Alliance's customer base of unbanked smallholders, group/individual lending structure, and design-led financial education approach, making it the most direct in-country comparable.

Broad incumbents

• Bandhan Bank: Bandhan Bank evolved from Bandhan, one of India's largest microfinance institutions, into a universal bank. It demonstrates the institutional scaling pathway from an MFI like Alliance to a full-service deposit-taking lender, while sharing the rural, low-income customer DNA.
• Grameen Bank: Grameen Bank pioneered the joint-liability group lending methodology that Alliance uses in its Mahamate product. Although operating in Bangladesh, it remains the global reference institution for the group-based microfinance model Alliance has adopted and refined for Myanmar.

Emerging players

• Spandana Sphoorty Financial: Spandana Sphoorty is one of India's largest microfinance institutions listed on the stock exchange. While not operating in Myanmar, its group-lending methodology, low-ticket-size portfolio, and focus on rural women borrowers mirror Alliance's core mechanics, making it a relevant emerging-market comparable.

Others

• Wave Money (Myanmar): Wave Money is one of Myanmar's leading mobile financial services platforms, offering digital payments and money transfer. It is not a direct microfinance competitor but is a relevant ecosystem peer shaping the digital distribution landscape in which Alliance's CFA mobile app operates.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks4 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/channel/UCHmSYdOSaLXUT8Hd-b1r6HQ
• Facebookfacebook.com/allianceformicrofinanceinmyanmar
• LinkedInlinkedin.com/company/alliance-for-microfinance-in-myanmar
• TikToktiktok.com/@alliancemicrofinance

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 records

Funding overview

Funding rounds1 record

Investors4 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Alliance for Microfinance in Myanmar