Alliance was founded in 2014 to be a leader in the newly developing microfinance sector of Myanmar. The institution began as a partnership between FIDES of Switzerland BASIX of India, two leaders in the field who saw the opportunity to contribute to poverty alleviation and economic growth in the country. With the support of UNCDF and our shareholders BOPA, Insitor Impact Asia Fund, IFU, AIIF and SMH, Alliance has become a leading MFI in the Mandalay region. The institution will continue to expand across Myanmar and serve micro-entrepreneurs with quality services and a sustainable business model.
Alliance is double bottom-line institution with a focus on social performance management. The institution endorses the Smart Campaign for client protection and aspires to full compliance with the Universal Standards for Social Performance Management (USSPM) as outlined by the Social Performance Task Force. Additional information on Alliance can be found on our MIX Market page. A summary of the institution’s social performance can be found here.