Myat Kyun Thar Microfinance

What Myat Kyun Thar Microfinance does

Myat Kyun Thar Microfinance Limited (MKT) is a deposit-taking microfinance institution incorporated in January 2014 under the Myanmar Company Act. It obtained a temporary operating license in August 2014 and a full microfinance business license from the Myanmar government in November 2015, with paid-up capital of 5 billion Myanmar Kyats. The company is headquartered in Yangon with a regional office in Mandalay and operates 20 branches across Myanmar's Dry Zone (Mandalay and Sagaing Divisions) and Delta Zone (Ayeyarwaddy Division), serving low-income rural populations, women, farmers, teachers, and SMEs.

MKT offers six loan products — General Loan, Special Loan, Agriculture Loan, Micro Enterprise Loan, Teacher Loan, and Staff Loan — with ticket sizes ranging from 100,000 MMK to 10,000,000 MMK, maturities of 4 to 12 months, and an annual interest rate of 28% calculated on the declining balance method. The company also operates Compulsory and Voluntary Savings products paying 1.25% monthly interest (15% per annum), with compulsory savings functioning as a collateral substitute conditioning borrower access to credit. As of January 2017, MKT served over 150,000 active clients through more than 420 staff across its branch network.

The revenue model is interest-driven, generated primarily from microloans under a group and individual lending methodology, with loan officers conducting village-level outreach and training. Distribution is entirely branch-based with no digital channel, app, or API platform. The business model relies on physical proximity, community trust, and regulatory licensing rather than technology differentiation. MKT maintains active AML/CFT compliance posture, publishing UN Security Council Resolution press releases and aligning with the AML/CFT National Strategy (2024-2028) issued by Myanmar's Financial Regulatory Department and the Microfinance Industry Union.

Name

Myat Kyun Thar Microfinance

Legal name

Myat Kyun Thar Microfinance Ltd

Website

https://mkt.com.mm

Company type

Private

Founded year

2014

Operating status

Operating

Headcount range

101–250 employees

Short description

Myat Kyun Thar Microfinance is a deposit-taking microfinance institution licensed in Myanmar, serving over 150,000 low-income rural clients, women, farmers, teachers, and SMEs across 20 branches in the Dry and Delta zones with group-lending methodology.

Ownership category

akta.pro rank

Product category

Microfinance

NAICS

Depository Credit Intermediation (5221), Savings Institutions and Other Depository Credit Intermediation (522180)

SIC

Personal Credit Institutions (6141), Savings Institution, Federally Chartered (6035)

akta.pro primary industry

Microloans & Working Capital Loans (FSAKAGAA)

akta.pro secondary industries

Agricultural & Rural Microfinance (FSAKAGAG), Microenterprise Group Lending (Joint Liability) (FSAKAGAH), Microfinance, Financial Inclusion & Inclusive Markets (BPAGABAM), Small Business Banking (Microbusiness/Sole Proprietor) (FSABAAAI)

Keywords

• Microfinance services
• Micro lending
• Rural banking
• Agricultural loans
• Savings products

Headquarters

HQ city

Yangon

HQ country

Myanmar (Burma)

HQ region

Asia

Offices2 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Loan Interest Income: MKT generates revenue primarily through interest income on microloans provided to low-income individuals, rural populations, and SMEs. The company offers various loan products including General Loans, Agriculture Loans, Micro Enterprise Loans, Teacher Loans, Staff Loans, and Special Loans with declining balance interest calculations.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels1 record

Core offering

Myat Kyun Thar Microfinance Limited is a deposit-taking microfinance institution that provides uncollateralized loans and savings products to low-income individuals, women, farmers, and micro-enterprises in rural Myanmar. It offers six loan products — General, Teacher, Staff, Special, Agriculture, and Micro Enterprise Loans — alongside compulsory and voluntary savings products, distributed through a 20-branch network in the Dry Zone (Mandalay, Sagaing) and Delta Zone (Ayeyarwaddy).

Product overview

Myat Kyun Thar Microfinance Limited (MKT) is a Deposit-Taking Microfinance Institution that offers a portfolio of loan and savings products targeting low-income rural populations, women entrepreneurs, farmers, and SMEs in Myanmar's Dry Zone (Mandalay, Sagaing) and Delta Zone (Ayeyarwaddy). The company provides six distinct loan products (General Loan, Teacher Loan, Staff Loan, Special Loan, Agriculture Loan, and Micro Enterprise Loan) with varying amounts, maturities, and interest rates, alongside two savings products (Compulsory Saving and Voluntary Saving). The loan products range from seasonal agricultural loans for farmers to micro-enterprise loans up to 10,000,000 MMK for small business expansion, with annual interest rates of 28% on declining balance method and savings interest of 15% per annum.

Differentiator

Problem solved

Functional benefit

Products and services

• General Loan Standard loan product for individuals or groups, ranging from 200,000 MMK to 2,000,000 MMK based on loan cycle, with 1-year maturity and 28% annual interest rate calculated on the declining balance method. Offered without collateral to low-income rural clients.
• Agriculture Loan Seasonal loan product for agricultural purposes targeting farmers in rural areas, with amounts from 150,000 MMK to 750,000 MMK, 1-year maturity, and 28% annual interest rate. Designed to finance Dry Zone agricultural activities.
• Micro Enterprise Loan Loan product for micro enterprises with amounts ranging from 1,000,000 MMK to 10,000,000 MMK, available to individuals or groups with loan periods of 4, 6, or 12 months. Interest is calculated on the declining balance method.
• Teacher Loan Specialized loan product for teachers with amounts ranging from 200,000 MMK to 1,000,000 MMK, 1-year maturity, and monthly repayment frequency based on operation location.
• Staff Loan Loan product for MKT staff members with repayment frequency options of monthly or every four weeks based on operation location.
• Special Loan Loan product with amounts ranging from 100,000 MMK to 400,000 MMK based on loan cycle, designed for special lending needs of rural clients.
• Compulsory Saving Mandatory savings requirement that conditions borrower access to loans, functioning as a substitute for collateral and imposing a positive inducement for repayment. Cannot be withdrawn until the loan is repaid.
• Voluntary Saving Optional savings product that helps accumulate assets for business and household purposes while earning interest at 1.25% per month (15% per annum).

Named customers4 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators6 records

Recent moves8 records

Expansion highlights4 records

Broad incumbents

• Bandhan Bank: India-headquartered bank that evolved from a microfinance institution serving low-income and rural borrowers. Comparable through shared MFI heritage, microloan product set, and the transition to a regulated deposit-taking institution.
• BRAC: Large international development organization operating microfinance programs targeting low-income women and rural small businesses in multiple developing markets, including Myanmar-adjacent geographies. Comparable through its focus on microloans to underserved populations.
• Grameen Bank: Pioneering global microfinance institution serving poor rural borrowers — predominantly women — through group lending without collateral. Directly analogous to MKT's value proposition and methodology, albeit at vastly larger scale.
• ASA International: Amsterdam-listed microfinance holding company operating across South and Southeast Asia with a similar group-lending, low-income borrower focus. Comparable as a broader regional incumbent with overlapping microfinance product DNA.

Emerging players

• Wave Money: Leading mobile financial services platform in Myanmar providing digital payments, savings, and credit-adjacent services to underbanked populations. Comparable end-customer focus on Myanmar's financially underserved, though delivered through a mobile rather than branch-led model.

Regional players

• Acleda Bank: Cambodia-headquartered bank that scaled from a microfinance institution into a full commercial bank serving low-income and SME customers. Comparable trajectory from MFI to deposit-taking institution in an emerging Southeast Asian market.

Direct peers

• Proximity Finance Myanmar: DFI-backed microfinance institution operating in Myanmar serving rural and SME borrowers with group and individual loans. Directly comparable to MKT in target market, product suite, and deposit-taking model within Myanmar.
• VisionFund Myanmar: World Vision's microfinance arm operating in Myanmar, providing small loans to low-income women and rural entrepreneurs. Direct peer given matching client segments, group lending methodology, and Myanmar regulatory environment.

Others

• CB Bank: Myanmar commercial bank serving retail and SME customers, including in rural areas. Comparable through its Myanmar footprint and overlap with MKT's small business customer segment, though operating at a vastly larger and more diversified scale.
• Yoma Bank: Myanmar commercial bank with explicit financial inclusion and rural outreach mandates. Comparable end-market focus on Myanmar SMEs and underserved segments, though delivered through a conventional banking rather than microfinance model.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/about_details
• LinkedInlinkedin.com/company/myat-kyun-thar-microfinance

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

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 Myat Kyun Thar Microfinance