The following is a guest post from May Thu Myint, Communications Officer of ThitsaWorks, Inc.
“Now that we have the infrastructure to support technology like this, I have very high hopes for the microfinance sector in Myanmar.” he said. “A system like this will be good not just for MFIs, but also for clients and the quality service we can provide to them. Approval processes will become less time consuming, meaning clients can get loans faster.”
Who we are: ThitsaWorks provides financial technology solutions for microfinance institutions in Myanmar. As Mifos’ first ever partner in Myanmar, ThitsaWorks is dedicated to making basic financial services available to all and empowering people to rise out of poverty and that technology is a key tool in making this happen. With Mifos X, we can help MFIs in Myanmar grow and reach out to the unbanked population. We believe that financial inclusion can put an end to poverty.