The operation in Myanmar is replicating “ASA” a sustainable and cost effective model.
ASA International Holding a private company limited by shares, was incorporated in April 2007 under the Laws of Mauritius and holds a Global Business License. ASA International is being supervised by the Financial Services Commission in Mauritius.
ASA International is established to operate microfinance in countries of Asia and Africa and as of today the operation explored in Ten (10) countries that includes India, Pakistan, Philippines, Sri Lanka, Afghanistan, & Myanmar in Asia as well as Ghana, Nigeria, Kenya, Tanzania & Uganda in Africa & looking to open in Sierra Leone, Malawi, Mozambique and Rwanda in Africa.
At a Glance as on October 31, 2014:
Total Number of Branch
Total Number of Local Staffs
Total Number of Expatriate Staff
Total Number of Active Borrowers
Total Loan Outstanding with Principal (MMK)
Total Savings Collected (MMK)
|Name of the Company||ASA Microfinance (Myanmar) Limited|
|Year of Incorporation||November, 2013|
|Registered Office||No. 134/A, Than Lwin Road, Golden Valley Wards 1,Bahan Township, Yangon, Myanmar.|
|Corporate Office||No. 7, Pan Cherry Street, Kha Yae Pin Villa, Mingalardon Township, Yangon.|
|Board of Directors||Mr. Dirk Brouwer , Mohammed Azim Hossain & Muhammed Faridur Rahman -Managing Director|
|Field of Business||Microfinance|
|Product & Services||Micro and Microenterprise loan for individuals through group and individual basis|
|Major Shareholder||ASA International Holding (www.asa-international.com)|
|Group Subsidiaries||ASA International India Microfinance (Pvt.) Limited, ASA Pakistan, Pagasa Philippines, ASA Ghana, ASA Nigeria, ASA Tanzania, ASA Kenya & ASA Uganda|
(5 Years Projection)
|No. of Branches||10||25||45||55||65|
|No. of Borrowers||2||3||4||5||6|