COMPARISON OF LOAN FINANCE SYSTEM OF FULLERTON MYANMAR AND WOORI FINANCE MYANMAR
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Abstract
Financial aspect is an essential part to develop a country. Almost countries in the world are facing financial problem in business enterprises yearly. In these countries, un-developing countries and developing countries and people in these countries are mostly affected by finance problem. In Developing countries, there are many challenges to go ahead to develop business, higher education, higher living styles and higher technologies. Especially, Myanmar, developing country, an agriculture country, is facing many challenges in many sectors such as business, education, technology because of financial problems. Loan is The goal of this paper is to analyze the processes of lending the two financial companies, Fullerton Myanmar and Woori Finance Myanmar, concerning with staff and contributes personal loan records of one Government staff in Fullerton Myanmar and one in Woori Finance Myanmar. This paper evaluates the interest (Myanmar kyats) depending upon their interest rate and compares the loan lengths of two companies.
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