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Can Microfinance Still Make a Difference?


Microfinance is no longer touted as the silver bullet to poverty reduction, but in credit-starved Myanmar many think it can still make a big difference if the right policies are put in place.

IT’S THE Yangon entrepreneurial dream: a teashop in the suburbs to call your own. But for Ma Thandar, a 39-year-old mother of two, it is just a dream – and one she’s unlikely to be able to attain.

“I want to start a teashop in South Dagon’s low-cost housing estate because there aren’t many shops or teashops there at the moment. I think I can make money, but I don’t have any capital,” she told Frontier.

For more on this story visit the following link: Can Microfinance Still Make a Difference?

Source: Frontier Myanmar

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