11 Jan 2017: Hayman Capital Co. Ltd (“MFI”) announced that total disbursed loan amount since MFI’s establishment in Myanmar passed 10,0 billion MMK and continues to set new records. In addition, MFI announced achieving breakeven after 16 months of operations.
CEO & Managing Director of Hayman Capital Co. Ltd Mr. Sultan Marenov greeting the announcement said: “We are glad to see the rapid development of our loan portfolio and continuous demand to our loan products. Achieving breakeven and building sustainable institution was one of the main strategic priorities for the company since establishment and we are ready to continue our mission in the country in supporting ordinary families and becoming a reliable partner for our customers.”
Hayman Capital Co. Ltd provides small business loans to low income entrepreneurs living in rural and semi-urban areas. Over 78% of active borrowers are women running their own businesses in trade, services, production and agriculture.
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Founded in 2014, Hayman Capital Co. Ltd is the dynamically growing deposit taking Microfinance Institution in Myanmar serving more than 20,000 customers across the country. The sole shareholder is a Singapore based Investment Company – Hayman Capital Pte. Ltd.
The MFI represented by a network of branches located in Yangon and Bago regions covering number of townships, wards and villages through well-organized offices in Insein, Thin Gan Gyun, Hlegu, Nyaung Lay Pin townships and Bago city.
For more information please contact us,
Mr. Yan Myo Aung
Acting press secretary
tel. 01663369