Proximity Designs

Asia

Region

Investment (MNOK)

Exit

Status

Founded in 2004, Proximity Designs (or “the organization”) is a not-for-profit social venture that locally designs and develops low cost products and services for small and rural farmers in Myanmar (“the country”). In 2010, Proximity Designs began to operate micro lending program, also known as Proximity Finance, providing crop loans to rural farmers. NF has a USD 2 million loan equivalent in KYAT with Proximity Finance.

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Key information

Sector:
Financial Inclusion
Investment (MNOK):
Year:
2013
Region:
Asia
Country:
Myanmar
Domicile:
Myanmar
Instrument:
-
Status:
Exit
Mandate:
Development