SVS obtained a microfinance license in October 2013 under the Microfinance Law (2012). SVS was selected to become a Pact Global Microfinance Fund (PGMF) partner in December 2012 and his since launched the Myanmar Access to Rural Credit (MARC) project through the Institutional Strengthening program. From December 2012 to July 2019 the partnership with PGMF is funded by UNOPS/LIFT. The project is closely aligned with LIFT’ strategy and its goal is to improve livelihoods and food security for almost 7,500 people. The program will utilize microfinance services to provide loans to the rural poor, marginal farmers and non- farming individuals. This will enable them to better access input market.
Microfinance from SVS in partnership with MARC program was introduced in Mandalay Region and started implementing in one township, Wundwin Township. SVS in collaboration with MARC started implementing MF program in February, 2014.
The project will disburse 4,000 agricultural loans, which will allow clients to expand their current activities important element of this project. Microfinance institutions around the world traditionally prefer female clients. In addition to offering farming support, the program will engage Over 3,500 landless women from rural communities to undertake non-farming activities, which will increase their ability to support their families financially.
Daw Than Win Khaing lives in Ywel Thee group, Ywae thee village and joined the SVS project on 26th July, 2014 and and a member of SVS mircofiance project and she is also a president of saving loan group point (2) in Ywae thee village.
Daw Tin Nu lives in Kyaune Kone village, Lain Pin village group and a member of SVS saving and loan project and started to join SVS project on 28th June, 2014 and also a leader of Kyaung Kone Kyay village saving and loan group point (1).
From SVS project loan, (80000) kyats was with drawled and
Daw Htae Mae lived in Htanaung Kone village, lL joined SVS project from 19th March, 2014 as a member of Padauk saving and loan group from Htanung Kone village group point.