MicroLead Expansion in Myanmar is a 4-year (2014–2017), US$7-million programme funded by Livelihoods and Food Security Trust Fund. MicroLead supports two southern microfinance market leaders to greenfield in Myanmar in addition to working with a regional association of credit unions to create new rural savings and credit cooperatives (SCCs). Association of Asian Confederation of Credit Unions (ACCU) is one of MicroLead’s three implementing partners in Myanmar. By the end of 2017, MicroLead will increase sustainable access to appropriate, demand-driven and responsible financial services (with a focus on savings) to more than 100,000 low-income people in Myanmar, half of whom women and half of whom in rural areas.
This paper is one in a series of financial inclusion knowledge products written by UNCDF, and it sits within the scope of UNCDF MicroLead Expansion programme in Myanmar. The series is written to inform the reader on the financial behaviour and preferences of low-income people, development of financial products, management of financial services and financial service providers’ greenfield operations in Myanmar.