Over 280 entrepreneurs receive MSME development fund disbursement

 

AS of 31 July 2026, 650 loan applications had been received, and 281 have been approved for a total of K10.64 billion from the MSME development fund. The remaining applicants are under review.

Loans are disbursed through the Myanma Economic Bank, the Myanma Agricultural Development Bank, and 16 private banks.

The government has allocated K150 billion from its K170-billion MSME development fund for direct lending to micro, small, and medium enterprises, with the remaining K20 billion set aside for sector development activities, according to the MSME Fund Management Committee of the Financial Regulatory Department.

Small and micro enterprises are eligible for up to K50 million, while medium-sized businesses are entitled to apply for up to K100 million. Interest rates are set at three per cent per annum for machinery purchases and four per cent per annum for raw materials and working capital.

ASH/ KK

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