Case Study| Nelito Systems Ltd. is implementing FinCraftTM Core Banking Solution in Alliance for Microfinance
Alliance for Microfinance in Myanmar with a vision to become one of the leading microfinance institutions in
Myanmar was founded in 2014. The institution started with a partnership between FIDES of Switzerland and BASIX
of India. With the support of UNCDF and the shareholders of BOPA, Insitor Impact Asia Fund, IFU, AIIF and SMH,
Alliance has become a leading MFI in the Mandalay region. The microfinance institution for client protection
endorses smart campaign and aims to be compliant with the Universal Standards for Social Performance
Management as outlined by Social Performance Task Force.
Alliance offers a wide range of financial services
and provides financial education to unbanked
women entrepreneurs, to strengthen their
businesses & family welfare. The institution aims
to continue to expand across Myanmar and serve
micro-entrepreneurs with quality services and a
sustainable business model.
The different types of loans provided by Alliance
Myanmar are Mahamate Loan, Shweyaung
Anagat Loan, Doh Taungthu Loan and Shwe
Thinan Loan. These loans are targeted for joint
liability group, individual small enterprise, farmer
group and individual agriculture loan. The loans
are designed keeping in mind the convenience of the micro entrepreneurs and farmers like a loan has a repayment
schedule and appraisal process that better matches the needs of farming households, repayment terms structured
over the harvest season and another loan provides group loan.
Alliance for Microfinance in Myanmar was looking for a solution provider who can implement a Core Banking &
mobility solution that will efficiently support its current business operations and expansions plans seamlessly.
Based on Nelito’s rich experience of successfully implementing FinCraftTM Suite of Solutions in leading Financial
Institutions and its capabilities to add significant value to the project, Alliance for Micr