The PACT PGMF project provides microfinance support to poor and vulnerable households in rural areas.
By end 2014, the project covered townships in the Dry Zone and Shan State. The project operations are financially self-sufficient and continue providing microfinance services.
In the Dry Zone, microfinance services were provided to 26,619 clients from 203 villages within 14 townships. 94% of clients invested their loan in agriculture, mainly in Clients invested mainly in maize, paddy, sesame, groundnut, onion, beans and pulses. The loan size increased from MMK 240,000 (USD228) in 2012 to MMK 400,000 (USD 380) in 2015, and the small business loan size has increased from MMK 80,000 (USD76) in 2012 to MMK 200,000 (USD 190) in 2015. A maximum loan of MMK 500,000 (USD 476) will be made available at the end of 2015.
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