Myanma Economic Bank (MEB) will provide funds to SMEs in the the manufacturing, production and trading, import substitution, recycling and energy saving and services sectors.
MEB has a two-step loan with an interest rate of nine percent, a part of their SME loan program.
Borrowers able to utilize property as collateral will be able to access K300 million. Variations of loan terms include:
- Three-year loan term, grace period of one year.
- Four-year loan term, grace period of 18 months.
- Five-year loan term, grace period of two years.