Project Experience


Institutional Strengthening of an MFI in Myanmar (2016)

Based on the results from a previous project in 2015, IFC commissioned LFS to further support the development of an MFI in Myanmar by ‘Strengthening Head Office functions and developing credit policies plus a framework for future design of credit products’. This included the development of credit policies, product development, strengthening of Internal Audit, Human Resources, Risk Management, Steering Committee and Governance, and Staff Training.

Diagnostic and development of the strategic business plan of an MFI (2015)

IFC approached LFS to assist an MFI in Myanmar to evaluate the microfinance business plan of the institution. This included an institutional diagnostic, an analysis of existing input-credit program, market research, several workshops with the Board and Management and the actual preparation of a business plan.

Pre-Feasibility Study for founding a Microfinance Institution in Myanmar (2013)

The purpose of the project was to prepare the ground for a detailed feasibility study for founding a commercial MSE finance institution in Myanmar. The project consisted of two phases: i.) the review of existing general and economic data of the country in general and of its financial, banking and microfinance sector in specific; and ii.) the preparation of a feasibility study, including the development of terms of reference, establishing contacts with relevant stakeholders in the sector, including the Central Bank, the microfinance supervisory body in Myanmar, commercial banks and microfinance institutions, and international and national development and development finance organisations; and iii.) preparing the ground work (including a market survey, contracting market research agency, organisation of a project team etc.). Each phase concluded with a country mission to Myanmar. Among others, LFS also participated in the National Microfinance Conference, held in NPD in May.

Our information were compiled and analysed in a pre-feasibility study, which was made available to the board of AccessHolding and to other potential shareholders and stakeholders.