About Micro-finance Business
Our company is 100 percent local owned private company. It started micro-finance operation since January 2014 in Yangon Region and Southern Shan State. We proudly received micro-finance operation deposit taking license in 2014. In the later period of 2014, UQ expand its operation in total of 6 townships in Yangon Region and 2 villages in Pindaya and Heho’ township. Our main customers are low-income and grass-root people and farmers in urban and rural area who are unable to reach banking services for their financial aids and business growth. In early 2017, we provide Micro and Small Business loan to our existing customer who wants to expand their business and the loan amount is starting from 500,000 Kyats. We are now serving our services to over 10,000 clients in both Yangon Region and Shan State. We have 97% coverage of women clients and age limit is from 18 ~ 60 years. The coverage of serving micro-finance service in urban and rural area is 70% – 30% and aim to target more on rural area in the future.