The microfinance sector in Myanmar is still new and developing. To expand financial services access, there is a great need to set up market-transformational mechanisms that enable MFIs to be more robust and sustainable.

In 2016 UNCDF Myanmar initiated a strategic financial market initiative that seeks to address systemic market failures in a number of thematic areas through targeted funding solutions, known as the Market Development Facility (MDF).

This document provides an overview of the MDF, including the problems it seeks to address, the interventions it proposes, and the impact it delivers.

For more background on the MDF, please consult 'Funding Challenges for the MFI Sector in Myanmar' which is accessible here: https://www.uncdf.org/article/2696/funding-challenges-for-the-microfinance-sector-in-myanmar