Loan

AGRICULTURE LOAN

Agriculture and husbandry promote not only food security of the country, but also enhance the household income level of the family, especially living in the rural area. The SATHAPANA’s agricultural loan is designed to provide financing to all kinds of investment for the business activities in agricultural productions (including husbandry, fishery and forestry) such as purchasing of seeds, fertilizers, agricultural equipment, paying labor charges, and so on.

SMALL BUSINESS LOAN

Micro, small, and medium enterprises play vital role in the economic development of the country. It promotes income of the people through generation of various employment opportunities by initial start up and business expansion of entrepreneurs. SATHAPANA Limited encourages and empowers entrepreneurs in both rural and urban area by providing sustainable financial services for their start-up and expansion of their businesses.

CONSUMPTION LOAN

Consumption loan is designed to provide to use in home improvement and purchasing household appliances such as furniture, home improvement, purchasing motorbike and other compulsory household expenses. It can be also used in education, health in the time of financial needs for clients. SATHAPANA aims to promote the socio-living standards and business of clients, and to generate higher income by providing this consumption loan.

  • Lending Methodology

Individual Loan

Group Loan

  • Loan Amount

Up to 10 million kyats

Up to 2 million kyats

  • Loan Period

Up to 24 months

Up to 12 months

  • Interest Rate

28% per annum

28% per annum

Interest Calculation

Demonstrative calculation upon loan amount 120,000 MMK with interest rate 28% per annum. SATHAPANA uses EIR calculation method.

No.Total DuePrincipal DueInterest DueLoan Balance
111,5818,7812,800111,219
211,5818,9862,595102,234
311,5819,1952,38593,038
411,5819,4102,17183,629
511,5819,6291,95173,999
611,5819,8541,72764,145
711,58110,0841,49754,061
811,58110,3191,26143,742
911,58110,5601,02133,182
1011,58110,80677422,375
1111,58111,05952211,317
1211,58111,3172640.00
Total138,969120,00018,969
No.Total DuePrincipal DueInterest DueLoan Balance
112,85410,0002,854120,000
212,36310,0002,363110,000
312,37810,0002,378100,000
412,07110,0002,07190,000
511,90210,0001,90280,000
611,61110,0001,61170,000
711,42710,0001,42760,000
811,18910,0001,18950,000
910,92110,00092140,000
1010,71310,00071330,000
1110,46010,00046020,000
1210,23810,00023810,000
Total138,127120,00018,127

requirements

Eligibility

  • Age over 18 years old
  • Have own residential address
  • Have sufficient repayment capacity
  • Have good background, chacteristic and willing to pay back
  • Have no willing to move residential address

How To Get Our Services

  • Go to any of our offices that is nearest to you
  • Contact our staff directly
  • No brokers or intermediaries required
  • No commission or charges to be paid other than what mentioned in our price list

Required Document

  • Copy of national registration card (NRC)
  • Copy of household registration card
  • Residential address acknowledgement letter
  • Borrowers' photo (Optional)