According to bank website, Proximity Finance Microfinance Company Limited is Myanmar’s first farmer-focused finance institution. We offer a suite of innovative financial products tailored to the needs of rural families, and currently serve over 122,000 smallholder farmers. The organization is wholly owned by Proximity Designs, an award-winning social enterprise with over 15 years of experience achieving social impact in rural Myanmar.
To support Proximity Finance implementing a mobile money payments system to build the foundations for a fully digitized disbursement and collection process. With the onset of COVID-19, Proximity needs to move fast to ensure they can establish contactless distribution channels to reach their customers at this critical time.
Proximity Finance Microfinance Company Limited is Myanmar’s first farmer-focused finance institution.
No contact information provided at the time of disclosure.
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/