Original disclosure @ FMO website
Updated in EWS Sep 16, 2019
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According to the bank document, the project aims to increase access to improved and appropriate finance to Myanmara€™s farmers through the implementation of a solution developed by AgFintech Harvesting. The project will scale Mahaa€™s farmer lending operations, through the implementation of a digital field application, building credit risk scores using alternative datasets, including geodata, provision of loan approval and monitoring dashboard. The project is of high strategic relevance given its link with the key Massif strategic points or rural livelihoods, smallholder farmer finance, innovation targeted at financially excluded people.
Maha Agriculture Microfinance is a young microfinance institution, focused on agriculture in rural Myanmar. MAHA was registered in 2013, starting operations in 2014 and is growing substantially now serving 8,245 customers through 33 branches in 8 provinces.
|Private Actor 1||Private Actor 1 Role||Private Actor 1 Sector||Relation||Private Actor 2||Private Actor 2 Role||Private Actor 2 Sector|
|-||-||-||-||Myanmar Awba Group Co., Ltd.||Parent Company||-|
*There is no further information being revealed at this stage of the project*
ACCOUNTABILITY MECHANISM OF FMO
Communities who believe they will be negatively affected by a project funded by the Dutch Development Bank (FMO) may be able to file a complaint with the Independent Complaints Mechanism, which is the joint independent accountability mechanism of the Dutch Development Bank (FMO) and the German Investment Corporation (KfW) . A complaint can be filed in writing, by email, post, or online. The complaint can be filed in English or any other language of the complainant. The Independent Complaints Mechanism is comprised of a three-member Independent Expert Panel and it can provide either problem-solving, compliance review or both, in either order. Additional information about this accountability mechanism, including a guide and template for filing a complaint, can be found at: https://www.fmo.nl/independent-complaints-mechanism