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Item

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Legal Control of Money Lender in Myanmar

https://meral.edu.mm/records/8187
f0cbf66f-40dd-439c-93a5-ade90adc4978
336cb0de-3741-4583-b051-16cd9099b645
Name / File License Actions
Khin Khin Mya Win.pdf (633 KB)
Publication type
Journal article
Upload type
Publication
Title
Title Legal Control of Money Lender in Myanmar
Language en
Publication date 2021-12-01
Authors
Khin Mya Win1
Description
Poverty reduction is one of the public policy in our country whereas the highest interest rate is serious detriment on low income people in Myanmar alongside history and present time. Today, legal control of unregistered money lender is important and urgent function. The aims of the study are to understand the provisions related to money lender and penalties for default of registration of financial business and money lending process and to know he highest illegal interest rate for money borrowers. It focuses on the laws relating to money lender and financial institutions in Myanmar and collects the ata from long practices of money lending functions and negative impacts on low income people in Myanmar. It can find that the legal requirements for establishment of money lending business and financial institutions and cause and effect of registered and unregistered financial business. This study can ontribute to legal awareness for low income people and money borrowers and effectively control over illegal money lender in practically.
Keywords
Money lender, Registration, Interest rate, , Microfinance
Journal articles
December,2021
Universityt of Co-operative and management, Sagaing Research Journal
14-29
Vol.4,No.3
0
0
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