PRODUCTS

Project Implementation

Since its inception, Social Vision Microfinance Co., Ltd has supported 8,722 households by creating income-generating opportunities and providing access to financial services. With continuous technical assistance from PGMF, the organization has been strengthening its operations in three key areas:

  • Financial Capital – Providing loans to low-income households so they can start or expand small businesses.
  • Institutional Capacity – Strengthening local organizations to effectively deliver services and improve household incomes.
  • Human Resources – Empowering households to become self-reliant and sustainable through training and organizational development.

The program initially covered 38 villages in Wundwin Township, and has now expanded to 72 villages. The staff has also grown from 16 employees at the beginning to 25 employees today. Loan products and amounts have been expanded yearly to meet growing demand.

Capacity-building programs have been delivered for members, including basic financial literacy, small business training, organizational development, and bookkeeping courses. Staff have also received technical and professional training.

During the COVID-19 pandemic and periods of political and economic instability, Social Vision Microfinance supported members by rescheduling repayments, restructuring loans, and in some cases, cancelling debt to ease their hardships.

The company has also contributed to community donations and local development initiatives in Wundwin Township

Current Status of Operations

  • Township of Operation – Wundwin Township
  • Total Members – 3,570
  • Active Borrowers – 3,105
  • Total Loans Disbursed – MMK 18,459 million
  • Total Loan Collection – MMK 17,273 million
  • Outstanding Loan Portfolio – MMK 1,186 million
  • Total Savings Balance – MMK 203 million

Types of Loans Offered –

  • Regular Loan (MMK 300,000 – 600,000)
  • Agriculture Loan (MMK 200,000 – 400,000)

Social Vision Microfinance Co., Ltd continues to operate under the guidance of the Microfinance Supervisory Committee. Future plans include expanding to additional villages and increasing loan products and amounts. The company is also committed to collaborating with technical experts to ensure sustainable growth and effective service delivery.