- UI/UX improvements and Bug Fixes
- Learn and Investment Implemented
Mother Finance Co., Ltd. (Registration No. 101001296) is incorporated in the Republic of the Union of Myanmar and licensed as a non-bank financial institution (NBFI/FC(R)-11/08/2016), regulated by the Central Bank of Myanmar. https://www.cbm.gov.mm/content/finance-companies
We enable access to finance accessible to anyone with an Android smartphone in Myanmar. We provide quick and easy customized unsecured amortized loans to our customers while helping them build a digital credit history, or financial identity, over time. Fast loan approval decisions are made within 48 hours.
With our mobile app, we want more people everywhere in Myanmar to be in control of their finances, as active participants in their own financial lives — whether they are budgeting, saving, investing, or learning about personal finance.
Key Features
* Learn financial literacy lessons
* Invest starting from MMK 10,000
* Check your alternative credit score in 1 minute
* Start borrowing with Mother Finance!
+ Repeat customers enjoy lower interest, longer tenor and large loan size
+ Loan mount: MMK 25,000 to MMK 1,000 lakhs
+ Repayment period: 91 - 365 days
+ APR: 24 - 36% per annum
+ Service charges (one-time fees): 2 - 10% of loan quantum
+ A representative example for MMK 1,000,000 loan for one year.
- Monthly repayment MMK 106,667.
- Interest rate 28% per annum
- Total interest cost MMK 280,000.
- One-time service fees MMK 50,000.
- Penalty fees charged for late repayment MMK 5,000 daily
- No other hidden fees
You can find detailed privacy policy at https://motherfinance.com.mm/en/privacy-policy/
Contact Us at [email protected] and [email protected].
