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 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.
Up to 10 million kyats
Up to 2 million kyats
Up to 30 months
Up to 18 months
28% per annum
28% per annum
Demonstrative calculation upon loan amount 120,000 MMK with interest rate 28% per annum. SATHAPANA uses EIR calculation method.
Annual Percentage Rate (APR) Calculation
|No.||Monthly Payment||Interest||Principle||Loan Balance|
Effective Interest Rate (EIR) Calculation
|No.||Monthly Payment||Pricipal||Interest||Loan Balance|