In today’s challenging situation, TCX and the Livelihoods and Food Security Fund (LIFT) are once again partnering to support the microfinance sector in Myanmar.
As a COVID-19 relief package, LIFT has provided USD 3 million to TCX, in order to facilitate around USD 30 million in new inflows of funding from international investors to MFIs. The grant will be used to subsidize interest rates for investors which provide funding in Myanmar kyat to local MFIs in the coming months. Read more in this press release.
For more information on TCX and LIFT, please go to our dedicated page or watch this instructive video.