
SATHAPANA Limited
SATHAPANA Limited was founded in January 2015 by MARUHAN Investment Asia Pte. Ltd. and obtained a Temporary License in June 2015 to operate a Microfinance Business with 15 million US dollars in authorized capital.
About
The name “SATHAPANA”, derived from SATHAPANA Bank Plc., which is one of the leading banks in Cambodia, was born out of the merger between a bank (Maruhan Japan Bank Plc.) and a leading Microfinance Institution (SATHAPANA Limited, Cambodia). The word “SATHAPANA” means “to build or to construct” in Khmer language.
SATHAPANA began its microfinance operations in August 2015 and obtained a Permanent License in July 2016. An additional USD 5 million capital was injected in January 2020, bringing total capital of USD 20 million. The second time USD 5 million capital injection was done in October 2021 to further strengthen SATHAPANA’s financial position. The total authorized capital of SATHAPANA stands at USD 25 million as of today.
Since the start of its operations, SATHAPANA Limited has significantly contributed to the development of Myanmar’s economy through financial inclusion and providing credit access to more and more people, especially to the grassroots people living in rural areas. SATHAPANA Limited has accomplished remarkable growth and achievements over the period. Today, SATHAPANA Limited is Myanmar’s first and second-largest microfinance institution in terms of the number of borrowers and loan portfolio.
Website
https://www.sathapana.com.mmIndustry
Banking
Company size
1000 - 1600 employees
Headquarters
Yangon
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