Loans
Enterprise Loan
Enterprise loan is designed for small and medium enterprises with official business license (e.g., grocery store and market vendors). Customer’s loan repayment can be bi-weekly or monthly allowing greater flexibility and ease of repayment. ASGB encourages and enables entrepreneurs to start up new business or expand their businesses.
- Enterprises with official business license
- Loan term up to 12 months.
- Loan amounts up to 10,000,000 MMK
- Low interest due to more frequent repayments
- Low repayment amounts each time
Please find out further information through the video : https://www.youtube.com/watch?v=hxAFNlNM8S8
General Loan
General loan is designed to provide financial services to those entrepreneurs who don’t have official business licenses and vocational workers who do not have daily income (e.g. online shops). ASGB support those entrepreneurs to start up new businesses or expand their businesses.
- SMEs without official business license and vocational workers
- Loan term up to 12 months
- Loan amounts up to 10,000,000 MMK
- Flexible repayment options
Please find out further information through the video : https://www.youtube.com/watch?v=XrXByB3gaEE
Employee Loan
ASGB offers loan to wage/salary earners (e.g., public officers, company officers, staff of retailers) to help them purchase the essential items for their family.
- Salary earners
- Loan term up to 12 months
- Monthly repayment
Group Loan – 5 people
Group loan is provided for a group of five members/co-signers and is a group guaranteed loan. It is designed to provide financial access to those small business owners especially living in rural areas.
- Loan amounts up to 2,000,000 MMK (for each person in a group)
- Loan term up to 12 months
- Bi-weekly repayment
Please find out further information through the video : https://www.youtube.com/watch?v=F4-EiDqJhNk
Agriculture Loan
We are committed to support the development of Myanmar’s agricultural sector by financing working capital or capex requirements for farmers living in rural areas. We offer a flexible loan product that is tailored to clients ‘needs based on crop season, crop type and land size.
- Loan amounts up to 3,000,000 MMK.
- Loan term up to 12 months
- Quarterly interest only repayment and lump-sum repayment of the principal at the end of the loan term. Allowing a time until the crop is harvested and sold.
Please find out further information through the video : https://www.youtube.com/watch?v=d9-0_KFkFhc
