DAWN strives to protect and empower our clients by making sure that they are confident in and well-informed about our products and services. If you are a DAWN client, here are some topics you should know and understand: Know your loan terms & conditions. Make sure you know and understand the details of your loan. …
Some good news in trying times: we are pleased to share that DAWN has closed off the 2019/2020 financial year on a positive note, reaching the MMK 100 Billion outstanding loan portfolio milestone during our 5th Anniversary year.This achievement would not be possible without the hard work and dedication of the DAWN team, to carry …
With the rapid escalation of COVID-19 cases in Myanmar in recent weeks, DAWN is stepping up its ongoing efforts to ensure the health and safety of staff and clients. Currently our branches are continuing to provide essential financial services to our clients, while complying with government instructions and maintaining the necessary preventive measures, including: Cleaning …
The coronavirus (COVID-19) outbreak is causing not only a global health emergency but also a global economic slowdown. Trade, investment, production, and employment are all affected and it has led to having an impact on our clients’ business. Therefore, this crisis has forced us all to adapt. That goes for our clients, too. In just …
Client Stories: Tackling the Coronavirus Outbreak Read More »
The dramatic spread of COVID-19 has disrupted lives, livelihoods, communities, and businesses worldwide. In response, DAWN acted quickly and mobilized a COVID-19 response team within its senior management team to roll out a business continuity plan, not only to minimize the impact on its business but also to limit the disruption to clients’ businesses. Here …
Solutions to Protect Our Clients in this Unprecedented Context Read More »
In the wake of the ongoing Covid-19 pandemic, Early Dawn Microfinance Company Ltd. (DAWN) received the equivalent of a US $7.5m loan and an agreement for advisory services from FMO, the Dutch Entrepreneurial Development Bank and a DAWN shareholder.The loan from FMO comes to DAWN at a critical time, as microfinance institutions in general continue …
DAWN receives key financial and advisory support from FMO during Covid-19 pandemic Read More »
In light of the ongoing Covid-19 crisis, DAWN is fortunate to receive a loan in local currency amounting to USD 4 million from Proparco, a French development finance institution.The loan allows DAWN to continue advancing financial inclusion in Myanmar and supporting micro and small business enterprises (MSMEs). The funds are especially welcome during this crisis …
DAWN secures funding from Proparco amid Covid-19 crisis Read More »
On May 2, 2020, DAWN Staff came forward to donate essential protective gears worth ten millions kyat to the Waibargi Specialist Hospital and South Okkalapa Women & Children’s Hospital in Yangon, which provides medical treatments, health care and accommodations to COVID-19 patients. We were contributing the much needed medical disposables like personal protection equipment (100 …
Help can arise from everywhere. Donations need not come in big forms Read More »
DAWN was awarded “Best for Microfinance in Myanmar: 2020” by London-based business and finance magazine – Asiamoney, on March 31, 2020. DAWN was crowned Myanmar’s best microfinance for its continuing transformation into a digital financial institution, and its efforts to provide quality financial services to low-income female microentrepreneurs and small business owners across Myanmar.The award …
A rapidly evolving situation requiring resilience and responsiveness, while maintaining the well-being of staff and clients as top priority.April 2020 As DAWN heads into its 5th year of operations as an independent microfinance institution, it does so amidst a global crisis. The World Health Organization (WHO) declared COVID-19 a pandemic on March 11, just days …