What is ASA micro finance?
What is ASA micro finance?
ASA International is one of the world’s largest international microfinance institutions providing small, socially responsible loans to low-income entrepreneurs, most of whom are women, across Asia and Africa.
What is the meaning of ASA logo?
MEANING OF THE ASA LOGO The logo symbolizes the common ASA’s aim and desire of all the Members to achieve common prosperity, mutual trust and co-operation in shipping.
Who is the owner of ASA Philippines?
Kamrul H. Tarafder
Kamrul H. Tarafder founded ASA Philippines Foundation with the objective of assisting the poor and improving the quality of their life through microfinance and other social services.
What are the 5 major microfinance players in the Philippines?
Regular Members
- Ahon Sa Hirap, Inc.
- Alalay Sa Kaunlaran Microfinance Social Development Inc.
- ARDCI Microfinance, Inc.
- ASA Philippines Foundation.
- Bangko Kabayan (A Private Development Bank)
- Bayan Enterprise Developers Growers and Evolvers-Microfinance and Business Services Inc.
- Bicol Microfinance Council, Inc.
Who is the founder of ASA microfinance?
Md. Shafiqual Haque Choudhury
Md. Shafiqual Haque Choudhury is the co-founder of the Group and was the Chairman of ASA International from 2007 until 2020. Moreover, he was the founder and President of ASA NGO-MFI Bangladesh since 1978. Mr Choudhury had approximately 40 years of experience in the microfinance industry.
What is CBU in Asa?
Capital Build-Up (CBU) CBU is an alternative micro savings service for clients designed to promote the idea of poor families saving for the future in order to meet family emergencies and other needs. Withdrawable at any time. Client can deposit an amount of ₱50 or more during the weekly collection meeting at her …
What is Asa full form?
ASA. Acetylsalicylic Acid (aspirin)
How do I register a microfinance company in the Philippines?
The company must be in the form of a corporation so it must register with the Securities and Exchange Commission (SEC). You will need a minimum of one million pesos paid-up capital. Besides the SEC, you also have to register with the barangay, City Hall, BIR, SSS, HMDF and Philhealth.
Is ASA Philippines Foundation a company?
Welcome to ASA Philippines Foundation ASA Philippines is a non-profit, non-stock corporation specializing in microfinance. The first branch that the foundation started with was in Camarin, Caloocan in August 2004, and as of today the foundation has already expanded its operations nationwide.
Is Asa a cooperative?
In the City of Pasig, the ASA Philippines Credit Cooperative never closes its door for the welfare of its constituents.
What company is the world’s largest microfinance institution today?
Women have dreams and ambitions, for themselves, for their businesses and for their families. At the Grameen Bank, the world’s largest microfinance institution, more than 90 per cent of loan clients are women.