Loan

AGRICULTURE LOAN

Farmers with good plans are welcomed to our Agriculture Loan. With the loan, farmers can finance in buying seeds, fertilizer, modernizing agricultural machineries and equipment, or raising livestock, etc. to either diversify or improve agricultural activities for increasing their agricultural production. The loans are provided with flexible repayment methods based on real seasonal cash flows of the agricultural activities.

SMALL BUSINESS LOAN

Astute entrepreneurs, who aim at maximizing profit through realistic expansion plans on existing business or a viable start-up plan for new investments, find that access to our Business Loan for any business needs always experiences flexible realiability and convenience. Our business loan will open opportunities for your business to leverage through solving its financial difficulties or investing in capital expenditures or working capital.

CONSUMPTION LOAN

Improvement of household welfare is now affordable with our Consumption Loan. Realize your dreams through access to the loan for improvement of your home, purchasing of car, motorbike, equipment of your home, equipment and furniture etc. as well as for household healthcare and education purposes.

Individual Loan

Group Loan

Up to 10 million kyats

Up to 2 million kyats

Up to 24 months

Up to 12 months

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.

Annual Percentage Rate Calculation (APR)

PeriodTotal PaymentPrinciple paymentInterest paymentBalance
111,580.728,780.722,800.00111,219.28
211,580.728,985.602,595.12102,233.68
311,580.729,195.272,385.4593,038.41
411,580.729,409.822,170.9083,628.59
511,580.729,629.391,951.3373,999.20
611,580.729,854.071,726.6564,145.13
711,580.7210,084.001,496.7254,061.13
811,580.7210,319.291,261.4343,741.84
911,580.7210,560.081,020.6433,181.76
1011,580.7210,806.48774.2422,375.28
1111,580.7211,058.63522.0911,316.65
1211,580.7211,316.65264.060.00
Total138,968.63120,00018,968.63

Effective Interest Rate Calculation (EIR)

PeriodTotal PaymentPrinciple PaymentInterest PaymentBalance
1 12,796 10,000 2,796 120,000
2 12,563 10,000 2,563 110,000
3 12,330 10,000 2,330 100,000
4 12,097 10,000 2,097 90,000
5 11,864 10,000 1,864 80,000
6 11,631 10,000 1,631 70,000
7 11,398 10,000 1,398 60,000
8 11,165 10,000 1,165 50,000
9 10,932 10,000 932 40,000
10 10,699 10,000 699 30,000
11 10,466 10,000 46620,000
12 10,233 10,000 233 10,000
Total 138,174 120,000 18,174

requirements

Eligibility

How To Get Our Services

Required Document