Our Products
Individual Loan
- DAWN Individual Loans are for individual small business owners experienced in running a successful wholesale or retail shop, restaurant, service centre, production facility or other similar businesses.
- General Terms and Conditions:
- Loan amounts from MMK 3 million to MMK 10 million
- Loan terms from 6 to 24 months, depending on type of loan
- 28% per annum
- Fees equivalent to 2% of approved loan amount including social welfare and credit life fund
- Monthly principal + interest payments
- Compulsory savings equivalent to 3%-5% of loan amount. 14% per annum or 1.167% per month savings interest.
- 1 or 2 guarantors, depending on loan amount.
- Requirements:
- Myanmar citizen
- 22-61 years old
- Valid NRC and household registration
- Valid business license
- At least 2 years’ experience in the same activity and 1 year in the same business location
Group Loan
- DAWN Group Loans are group-guaranteed loans for self-employed women who will use the proceeds to grow their business.
- General Loan
- Seasonal Loan
- Business Loan
- General Terms and Conditions:
- Loan amounts from MMK 500,000 to MMK 3 million
- Loan terms from 6 to 12 months, depending on type of loan
- 28% per annum
- Fees equivalent to 2% of approved loan amount including social welfare and credit life fund
- Monthly principal + interest payments. Monthly interest + principal on full-paid date for seasonal loans.
- Compulsory savings equivalent to 3%-5% of loan amount. 14% per annum or 1.167% per month savings interest.
- Group guarantee. Additional 1 or 2 guarantors for Business Loan clients.
- Requirements:
- Myanmar citizen
- 18-62 years old (current clients are eligible to borrow until age 70)
- Valid NRC and household registration
- Settled in current location and have been legally operating business for at least one year
Group Loan
- DAWN Group Loans are group-guaranteed loans for self-employed women who will use the proceeds to grow their business.
- General Loan
- Seasonal Loan
- Business Loan
- General Terms and Conditions:
- Loan amounts from MMK 200,000 to MMK 3 million
- Loan terms from 6 to 12 months, depending on type of loan
- 28% per annum or 2.33% per month interest rate
- Fees equivalent to 2% of approved loan amount including social welfare and credit life fund
- Monthly principal + interest payments. Monthly interest + principal on full-paid date for seasonal loans.
- Compulsory savings equivalent to 3% - 5% of loan amount depending on loan and loan cycle. 14% per annum or 1.167% per month savings interest.
- Group guarantee. Additional 1 or 2 guarantors for Business Loan clients.
- Requirements:
- Myanmar citizen
- 18-62 years old (current clients are eligible to borrow until age 70)
- Valid NRC and household registration
- Settled in current location and have been legally operating business for at least one year
- Reputable, honest, hardworking and financially reliable
Savings
Voluntary Savings
- Exclusively for existing clients who has loans. DAWN offers a Voluntary Savings Account that is fully protected, always available and pays interest rate – 14% per annual.