During the Asia Financial Institutions Forum 2020 (AFIF), held in January 2020, an in-depth review was provided on the program LIFT 2.0 in Myanmar, with local financial institutions and international investors.
This hedged facility allocated over USD 160 million in subsidized loans to 12 microfinance institutions in the country. The review offered a chance to reflect on the reach and successes of LIFT with all stakeholders.
In the interview both project initiators from UNOPS and TCX share their insights regarding the facility and how this can serve as a successful example for other emerging markets. Anne Somanas interviewed Curtis Slover, Project Manager at UNOPS Myanmar, and Jerome Pirouz, Senior VP at TCX.