Myanmar Finance International Limited (MFIL), a microfinance joint venture company of AIM-listed Myanmar Investments International (MIL), has secured a MMK 8 billion ($6 million) loan from Yoma Bank.
“MFIL will use the loan to further expand its loan portfolio and open new branches in Yangon and Bago,” the company said in its announcement. The proceeds will also be used to roll out its newly launched microfinance loan product.
