MFI (Yoma Bank back to back facility)
Expand your business with the support of Yoma Bank back to back facility. Yoma Bank has taken the lead regarding lending to microfinance institutions (MFIs). We strive to make the microfinance industry a long term and stable contributor to the overall corporate business segment.
Features & Benefits
Key Feature
- Maximum of 3 years (per tranche)
- 13% p.a. (quarterly interest payment)
- Up to 1.5% upfront fees
- Minimum of 40% of USD cash collateral and/ or third party guarantee
- Single borrower limit- 15.85 b
- Repayment scheme – Bullet or Amortization
Key Benefits
- Able to hedge against FX risk whilst leveraging in local currency (MMK) up to 2.5 times
- Receive the dollar cash collateral, regardless of what has happened to the FX rate in the meantime
Target Group
- Micro Finance Institution
Additional Info
Terms and Conditions
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Two years of operation, TBS> MMK 2 b
USD
