01 April 2016
Hayman Capital Co. Ltd (“MFI”) announced today that MFI’soutstanding loan portfolio has reached 4,0 billion MMKincreasing from 1,748,0 million MMK since the beginning of the financial year in April 2016 and achieving a growth rate of 129% during the last 9 month.
CEO & Managing Director of Hayman Capital Co. Ltd Mr. Sultan Marenov said: “Our strong performance in 2016 is a continuation of our trending growth in 2015. Increasing client outreach and growing loan portfolio by exploring cost effective methodsof running our business and expanding our operations into new geographic areas remain our primary objectives for the upcoming 2017 year”.
Hayman Capital provides small business loans to low income entrepreneurs living in rural and semi-urban areas. Over 75% of active borrowers are women running their own businesses in trade, services, production and agriculture.
Founded in 2014, Hayman Capital Co. Ltdis the dynamically growing licensed Microfinance Institution in Myanmar serving more than 19,000 customers across the country. The sole shareholder is a Singapore based Investment Company – Hayman Capital Pte. Ltd.
The MFIrepresented by a network of branches located in Yangon and Bago regions covering number of townships, wards and villages through well-organized offices in Insein, ThinGanGyun, Hlegu, Nyaung Lay Pin townships and Bago city.
For more informationplease contact us,
Yan Myo Aung
Acting press secretary