Report: Over 80 percent of social investments in Myanmar are in microfinance
Thursday, February 28, 2019
By Thiha Ko Ko
Social investment in Myanmar has increased but there is still a need to further deployment of capital, the Singapore-based Asian Venture Philanthropy Network (AVPN) says.
Representatives of the funders’ network said this during the Myanmar Social Investment Forum hosted by AVPN on Tuesday in Yangon.
Among the goals of the forum is for AVPN to influence investors’ portfolios more deeply in order to help them increase the impact of their work. During the forum, AVPN also released its Social Investment Landscape in Myanmar Report.
The report said that Myanmar received 15 impact-investing deals, which is the second highest number in Southeast Asia, between 2007 and 2017, but received the second lowest amount of capital at US$ 26 million, according to the Global Impact Investing Network.
Photo courtesy of Jaume Escofet.
