ASA, the top microfinance institution of Bangladesh, and the Best Managed MFI in the world, was established in 1978. Since establishment the organization has been striving for assisting the underprivileged groups in attaining better livelihood and acquiring means to escape poverty trap. Microfinance is the core program of ASA with 8 million clients across Bangladesh, and it is also implementing a number of non-financial programs: Education, Healthcare, Sanitation, and Agriculture etc.
ASA is an absolutely self-financed and grant-free organization. It operates the following non-financial programs from its own resource generated out of the surplus of microfinance operation.
MICROFINANCE Program of ASA has been globally considered as the most efficient model of micro lending for its elegance of innovation, scale, sustainability. Currently, Eight Million People of Bangladesh are attached with this program finding it immensely beneficial in improving their quality of life. The organization has been extending managerial assistance and consultancies for developing microfinance operation to many NGOs/MFIs around the world.
AGRICULTURE Program of ASA initiates quite a number of essential schemes with a view to assist smallholder farmers for increasing agricultural production as well as overall agricultural development of the country. This program is implementing Small Dairy farm, Fish farming, Mushroom cultivation, Argo equipment loan, Vermicompost etc. projects.
FOREIGN REMITTANCE Program of ASA to transfer foreign remittance to the kith and kin of Bangladeshi migrants in a quicker and safer manner. Under the program foreign remittance equivalent to several billion taka is being channeled to the clients each year currently.
HEALTH Program of ASA offers primary healthcare services to millions of uncared and under-cared people of Bangladesh. Under the program, 54 Primary Health Centers have been established in the comparatively backward areas of the country. Furthermore, seven million people are being educated and aware in maintaining healthy life.
EDUCATION Program of ASA assists the students of pre-primary, grade-1 and grade-2 belonging to the low-income households to perform better in daily classes and in school exams with an aim to curb dropout from the primary school. This program currently provides tuition assistance to 285,000 underprivileged children predominantly living in rural areas across the country.
SANITATION Program of ASA works to improve sanitation facilities of the poor households through providing soft loan and imparting training to the masons, sanitary entrepreneurs and vendors equipping them for developing low-cost and easy-to-build hygienic sanitary Offset toilet.
HOPE FOR THE POOREST
HOPE FOR THE POOREST