58 Financial Landscape Two MEs from Mawlamying were found availing loans from these two micro-finance institutions. Angelina (Fish net repairer, Mawlamyine) took a loan of MMK 100,000 ($1000) from Save the Children to buy meals for her family during non-seasonal days when she could not work. She had to pay the first installment of MMK 9,200 ($9.2) and after she paid it, she was told about the second installment. Naing (journal seller, Mawlamying) came to know about World Vision from the head of 100 households and borrowed MMK 100,000 ($ 1000) for the treatment of his elder brother. His monthly instalment to repay the same was MMK 10,800 ($ 10.8). While these two MFIs were only found active in Mawlamyine, there was another MFI (Mingalar Myanmar Association) found active in Yangon. After his friend’s advice, Nanda (Wood sculptor, Yangon) took a loan of MMK 150,000 ($150) from them one and at an interest of 20% to pay for the house rent which he returned in a year. In order to get this loan he had to pay a collateral of MMK 2000 ($2) per week till five weeks, submit a copy of his family registration and national ID-card. After six months, he took a loan of MMK 300,000 ($300) again and was paying it on instalments. 4.4 MONEY TRANSFER Some of the MEs from all 5 locations had either used banks to transfer and receive money or accompanied their friends to transfer money. Htut (carpenter, Mandalay) went to the Central bank regularly to withdraw money. He worked for other contractors from Yangon at times and they sent him money through the Central bank. To withdraw money he had to show his national ID-card. When he was working in Yangon, he used central bank to transfer money to his family. Ohnmar (painter, Mawlamying) had used KBZ bank to withdraw money that his relatives sent from Yangon. Kyi (slipper maker, Mandalay) used to transfer money to his suppliers in Yangon through banks but since it took long he started sending through an express car. He had to tell the name and national ID-card number of the person to whom he was sending money and it was transferred within an hour. For each transaction he paid MMK 500 ($0.5) at the express car station. Nanda took loan from Mingalar Myanmar Association an MFI