Author: Sai Hnin Aung
AIT Library Call Number: AIT Thesis no.RD-14-06
Year: 2014
Academic Program: Regional and Rural Development Planning (RRDP)
Type: Thesis (M. Sc.) – Asian Institute of Technology, 2014
Examination Committee: Mokbul Morshed Ahmad (Chairperson); Jayant Kumar Routray, Soparth Pongquan (Examination Committee Members)
Abstract: Unbanked poor people always need sustainable financial services and microfinance is widely seen as a key development tool to promote financial inclusion and reduce poverty in Myanmar. So, the Government of the Republic of the Union of Myanmar has establish ed a conducive policy and legal framework for microfinance that was one of the eight major tasks of rural development and poverty alleviation and the Microfinance Business Law was enacted on 30 th November 2011. This Law en couraged the institutions that are local and international institutions, cooperative societies, and companies to carry out microfinance businesses in Myanmar. This study focuses on the regulation and supervision of microfinance institutions in Myanmar, particularly in the Delta region and analyzes their achievements and challenges. Data collection was done with both primary and secondary for the selected MFIs in the Delta region and collected data was analyzed and interpreted by using qualitative analysis including descriptive and case stud y analysis. Although the Microfinance Business Law has created an enabling regulatory framework for the establishment of MFIs to provide financial service to the poor in Myanmar, prudential regulations such as capital adequacy ratio, loan loss provisions, liquidity ratio, and etc. and supervision of MFIs are still weak. The achievements of INGO MFIs was significantly increased in terms of client growth, village coverage, and loan portfolio than private company and cooperative MFIs. So, emergence of sustaina ble MFIs are the most essential for the poor than the mushrooming of small MFIs. Moreover, l ack of prudential regulations and effective supervision will constraint the development and promotion of the microfina nce sector in the Delta region.
Scholarship Donor(s): Ministry of Foreign Affairs, Norway
Note: A thesis submitted in partial fulfillment of the requirement s for the degree of Master of Science in Regional and Rural Development Planning
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