CDSG is a joint-venture partner with Fullerton Financial Holdings (“FFH”), a wholly owned subsidiary of Temasek Holdings (Private) Limited, in Fullerton Finance (Myanmar) Company Limited (“FFMCL”), a micro-credit business that began its operations in 2014. In late 2015, the International Finance Corporation ("IFC"), a member of the World Bank Group, joined CDSG and FFH as a partner in FFMCL.
Fullerton Myanmar's headquarters are located at no. 9, building no. C-5, level 6, The Royal Towers Housing, Yaw Min Gyi, Dagon Township, Myanmar. FFMCL has run its operations since October 3, 2014 and made its first disbursement on October 17, 2014. Since then, FFMCL has approved and disbursed to 339,779 clients with total loan amount of MMK 165.17 billion as of December 31, 2018. Loan outstanding portfolio is MMK 47.66 billion with active borrowers of 139,099.
Fullerton Myanmar now operates a network of 63 townships in the regions of Yangon, Ayeyarwaddy, Mandalay, Bago and Naypyidaw. As of December 2018, FFMCL's staff exceeded 700 employees.
The company runs a dual urban and rural microfinance program through an innovative use of technology field to improve productivity and turnaround time. FFMCL also aims at serving more customers in more regions in the coming years.
For more information about FFMCL, please click here: http://www.fullertonmyanmar.com/about-us.html
Our Products and Services
- Group Regular Loan
- Group Improvement Loan
- Agriculture Loan
- Social Loan (Health Loan, Education Loan, Solar Product Loan, Stove Loan)
- Business Loan
- Hire Purchase Loan
- Personal Loan
- Compulsory Saving
- Voluntary Saving