Myanmar Micro Finance Market revenues are projected to expand at a CAGR of 2.3% between 2025 and 2031

Licensed MFIs by Institution Type held the highest revenue share in the Myanmar Micro Finance Market -6Wresearch

In 2024, licensed MFIs in Myanmar secured the highest revenue share due to their regulatory compliance, wider outreach, and stronger trust among borrowers. Their ability to mobilize funds, offer diverse loan products, and expand rural penetration enabled them to dominate the Myanmar Micro Finance market.

According to 6Wresearch, Myanmar Micro Finance Market revenues are projected to expand at a CAGR of 2.3% between 2025 and 2031. Between 2021 and 2024, the Myanmar Micro Finance Market faced significant challenges due to political instability following the February 2021 military coup, which disrupted economic activity and hindered the growth of the Micro Finance market. Despite these hurdles, government initiatives and the growing adoption of digital financial services helped sustain momentum.

Agriculture, contributing to GDP and employing over half the workforce in 2023, remained a key sector and continued to rely on Micro Finance for working capital and inputs. The 2023 MAU survey showed farmers were more resilient, relying on informal lenders compared to non-farmers, reflecting stronger trust in formal Micro Finance . Additionally, currency in circulation growth slowed from 2021 to May 2023, signaling a shift toward digital transactions. Digital wallets such as KBZPay, CB Pay, and OnePay, including OnePay’s 2023 partnership with MIFIDA for instant repayments, further strengthened the country’s digital payment infrastructure, supporting loan disbursement and repayments through these platforms.

Myanmar Micro Finance market is expected to recover and sustain growth in the coming years, driven by improving economic conditions, political stabilization, and rising demand for loans, savings, and insurance. Growth in SMEs and women’s financial inclusion initiatives is projected to further support expansion. Recent measures, such as the February 2025 launch of Myanmar Pay (MMQR), a unified QR-code system for secure payments, and the MSME Development Fund for low-interest loans, training, and market access, are enhancing enterprise capabilities.

According to Suryakant, Senior Research Analyst at 6Wresearch, loans witnessed the highest share in the Myanmar Micro Finance Market as they served as the primary financial option for low-income households and MSMEs. High dependence on agriculture, limited formal banking access, and growing digital repayment solutions drove loan demand, making them the most accessible and critical tool for sustaining livelihoods and businesses.

Myanmar Micro Finance Market (2025-2031) report provides an in-depth analysis with 20 figures and 5 tables, covered in 77 pages. The report thoroughly covers the market by product type, institution type, and end-user. Myanmar Micro Finance Market outlook report provides an unbiased and detailed analysis of the ongoing Myanmar Micro Finance Market trends, opportunities/high growth areas, and market drivers, which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.