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Celebrating Financial Inclusion Week 2019

With the release of our whitepaper Capabilities in Digital Financial Services: Calming the Fears of Myanmar’s Unbanked.

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Why Myanmar?

Myanmar is a country with 50 million people coming out of 60 years of self-isolation. Myanmar is young, with 45% of the population under the age of 25. The ethnic diversity of the country is both a challenge, and potentially its greatest strategic asset. While there is currently strong optimism that a tide of change is coming over Myanmar, there is still much that needs to be done.

Grinding Poverty

Decades of mismanagement of the country’s economy have made Myanmar one of the poorest countries in Asia. Today only 1/4 have access to electricity.

Lack of Capital

Those who want to start businesses are held back by a lack of access to cash. Some loan sharks and pawn shops even charge usurious rates of upwards of 40% interest per month.

Broken Education

Rote memorization and untrained teachers have led to a broken education system. Only 1 in 10 students who start school passes high school graduation. Creative thinking is de-emphasized.

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Learn more about what we do and why we do it!

Enterprise Development

We emphasize simulation and experience to prepare students for problem solving and innovation. Students are equipped with the knowledge of essential components of starting and operating a business.

Access to Capital

We help Entrepreneurs understand their sources of capital, including family networks and micro-finance institutions. If not available, we step in and directly provide the necessary startup capital.

Financial Literacy

We mentor businesses in the fragile first years of their new venture. We emphasize the importance of cash flow management. We ask questions that help Entrepreneurs make decisions with an eye toward the future.