Many Microfinance Institutions (MFIs) around the world are willing to replicate ASA's Cost-effective and Sustainable Microfinance Model. This demand is ever increasing but, more often than not, they do not have the capacity to source funds needed to grow.

On the other hand, people of certain countries are not well aware of the microfinance programs and this lack of awareness is considered as a serious obstacle in proliferation of MFIs.

To meet all these challenges, ASA Foundation (AF) was established in September 2006 and registered as a 501(c)3 organization in the State of New York in 2007. The secretarial office of AF is in New York, USA.

Its work is funded with the support of generous donors and through institutional grants. AF is a nonprofit organization and welcomes funds from different sources which will be donated to various small and emerging MFIs around the world for their quick and sustainable development.

ASA Foundation seeks to improve efficiency and growth in MFIs so that microfinance reaches the greatest number of poor at the lowest possible cost. They will help microfinance institutions achieve growth and efficiency by providing access to proven, simple and effective strategies from the most effective microfinance institutions.

The Foundation’s primary functions will be to identify donors that wish to support technical assistance in the microfinance industry and approve applications from developing MFIs seeking effective TA services.

Download ASA Foundation brochure from here. For more information, please visit www.asfdn.org