Alliance for Microfinance in Myanmar

Montenegro
Žabljak, Opština Žabljak, Montenegro

Company profile

Alliance for Microfinance in Myanmar company profile

Alliance for Microfinance in Myanmar is a for-profit MFI and double bottom-line institution that focuses on social performance management. The institution endorses the Smart Campaign for client protection and aspires to full compliance with the Universal Standards for Social Performance Management (USSPM) in 2016 as outlined by the Social Performance Task Force. Additional information on Alliance can be found on our MIX Market page. Alliance was founded in 2014 to be a leader in the newly developing microfinance sector of Myanmar. The institution began as a partnership between FIDES of Switzerland BASIX of India, two leaders in the field who saw the opportunity to contribute to poverty alleviation and economic growth in the country.

Business identity

Operating status
Active
Company type
For Profit
Employee range
11-50 employees
Founded
2014-01-01, Year

Headquarters

Country code
ME
Continent
Europe

Capital profile

Funding and company signals

Funding rounds
1
Total equity funding
$5M
Last funding
Series Unknown / $5M / 2017-09-18
Last equity funding
Series Unknown / $5M
Investors
4
Lead investors
1

Founders and investors

Lead investors

Asia Impact Investment Fund

Investors

Asia Impact Investment FundBOPAImpact Fund DenmarkInsitor Partners