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Eminence of Shadow

Rating

8 months ago

ASA (Association for Social Advancement) was established in 1978 by Md. Shafiqual Haque Choudhury with a vision to create a poverty-free society through sustainable social and economic development. Initially, ASA started as a small, community-based organization focusing on the empowerment of poor rural people, especially women, through awareness-building and social mobilization. During the early 1980s, ASA realized that poverty alleviation required more than awareness - it needed financial inclusion. Thus, ASA introduced a microcredit program that enabled poor households to access small loans for income-generating activities. This innovative model transformed ASA into one of the most successful microfinance institutions in the world. One of the prominent ngo that works to promote the life quality of the poor people by providing Microcredit and others loan.Asa also provite training facilities. It has office almost every Union in Bangladesh. It's experts employees are working hard for achieving its goals of decrease Poverty and improve the living conditions of people

Abdullah

Rating

8 years ago

they are working over the years for the improvement of livelihood of local people of Bangladesh

J A M Mostahidul Alam

Rating

8 years ago

Located in a very narrow road with poor accessibility.

Joy Lincoln

Rating

5 years ago

Good place for buying stuffs in cheap price.

Western lov - Western movies

Rating

8 years ago

Local ngo at Badda branch

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About ASA BANGLADESH


In 1971, Bangladesh achieved its independence after a harrowing struggle that exacted a heavy toll, claiming the lives of millions. The nation paid an immense price to break free from centuries of colonial rule. The ruthless actions of the occupying forces during the war for liberation left the country in ruins. Consequently, the first decade following Bangladesh's independence was marked by numerous challenges. In that somber period, a multitude of non-governmental organizations (NGOs) emerged, each dedicated to missions of alleviating poverty, promoting social welfare, and advancing the overall development of the country. One of these organizations was ASA.

Founded in 1978 by the late Md. Shafiqual Haque Choudhury, a highly educated and visionary individual deeply committed to the country's progress, especially the well-being of the impoverished, ASA embarked on various initiatives aimed at improving the living standards of the poor and fostering a more prosperous society.

In 1991, ASA introduced an innovative microfinance program that brought about a revolutionary transformation in the sector. This microfinance program attained unparalleled success and recognition due to its distinctive features, such as its simplicity, rapid scalability, and cost-efficiency. These qualities propelled ASA to become one of the largest microfinance institutions in the world. In 2007, the renowned Forbes magazine in the United States bestowed upon ASA the title of the top microfinance institution globally.

Today, ASA serves a staggering 7.2 million clients in Bangladesh through its microfinance programs, along with a range of nonfinancial services aimed at alleviating poverty and addressing the vulnerabilities of the underprivileged population. Furthermore, ASA extends its expertise by providing technical assistance to 13 countries in Asia and Africa, contributing to the expansion of financial inclusion—a potent tool in the battle against poverty.

Contact & Other Information

Address


ASA Tower, 23/3 Biruttom ANM Nuruzzaman Road, Shyamoli, Mohammadpur, Dhaka-1207, Bangladesh

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