Microfinance Institution MFIL Secures $1m Loan From Malaysia’s Maybank

Myanmar Fi­nance Interna­tional (MFIL), the mircrofinance joint venture of investment company Myanmar In­vestments International (MIL), has secured a $1 million loan off Malaysian lender Maybank. The funds will see MFIL try to grow its outreach from 42,000 customers and expand its loan port­folio, which stood at $5.7 million as of February, said a company press […]