First Ever Microfinance Forum in Myanmar

1st Myanmar Microfinance Forum

ADA participated in the first Myanmar Microfinance Forum, held on 5 November 2019 at Park Royal Hotel in Nay Pyi Taw.

The first Myanmar Microfinance Forum, held on 5 November 2019 at Park Royal Hotel in Nay Pyi Taw, drew the largest gathering of stakeholders from Myanmar’s microfinance sector for a day of dialogue, knowledge sharing and networking organized by Myanmar Microfinance Association (MMFA), under the guidance of the Ministry of Planning & Finance (MOPF). The forum was aimed at spurring discussions around accelerating further growth in Myanmar’s microfinance sector.

In this forum, more than 350 attendees attended including officials from MOPF and the financial Regulatory Department (FRD), Pyithu Hluttaw, Banks and the Monetary Affairs Development Committee as well as representatives from MFIs operating in Myanmar, technology companies and development partners.

During the forum, presentations and discussions around the following topics were addressed:

  • Responsible finance, Code of Conduct for MFIs and social performance
  • Financial literacy and microfinance
  • Microfinance industry developments in Myanmar and lessons from abroad
  • Stories about successful microfinance product design
  • The opportunities and challenges for investing in Myanmar’s Microfinance Sector
  • The role of MMFA and its goal to support a stronger microfinance sector

The forum was supported by Livelihoods and Food Security Fund (LIFT), USAID and ADA.

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