Hayman Microfinance (Hayman) have been Musoni’s partner since 2015. As a greenfield organisation, Hayman Capital needed a robust platform that could be set up quickly and easily, reducing their time to market. As a cloud-based system built on microfinance best practice workflows, Musoni was the perfect fit. Adopting a cloud-based system made it easier for Hayman to focus on growing their operations, avoid upfront infrastructure costs, and avoid worrying about storage, server maintenance or backups.
Since launching, Hayman Microfinance have grown rapidly, doubling both their client numbers and total portfolio size every year. They currently serve over 150,000 end customers and are one of the largest MFIs in the country.
As a result of this rapid growth, in 2020 Hayman was recognised as the fastest growing MFI in Myanmar in the prestigious “Global Banking & Finance Awards.”