Proximity Designs

  • Region: Asia & Pacific
  • Country: Myanmar
  • Sector: Microfinance
  • Year: 2013
  • Domicile: Myanmar
  • Instrument: Loan
  • Commitment (MNOK) as of 31.3.2017: 12.0
  • Original Commitment (MNOK): 12.1

Founded in 2004, Proximity Designs is a not-for-profit social venture that locally designs and develops low cost products and services for small and rural farmers in Myanmar. In 2010, Proximity Designs began to operate micro lending program, also known as Proximity Finance, providing crop loans to rural farmers.

In 2012, Proximity obtained its microfinance license, enabling it to significantly expand a pilot farm loan program first established in five townships in the Ayerwaddy Delta.  

In 2013, Norfund's loan  to Proximity Design  was the first external loan to a Myanmar based microfinance operator. 

signing seremony

Today, Proximity Design is an award winning social enterprise, providing income boosting products and services to rural smallholders, including irrigation and energy products, farming advisory services, and microloans.  Since inception in 2004, Proximity has delivered products and services to over 2.5 million rural households in Myanmar.

Norfund - The Norwegian Investment Fund for Developing Countries

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