Cost Efficient, Sustainable and Fast Growing Microfinance

 

Source of Fund

 

Through a gradual process of reducing dependency on foreign funds, ASA has established itself as a financially self-reliant MFI and does not accept any grant or donation since 2001.

ASA's total fund for providing microfinance services was BDT 2.9 billion (USD 435 million) at the end of 2007.


The sources for this fund were:

  • BDT 1.7 billion of ASA's own funds (including reserve fund)
  • BDT 400 million PKSF loan (this loan was taken earlier)
  • BDT 4,604 million member's savings
  • BDT 4,480 million member's security fund
  • BDT 117 million CORDAID loan
  • BDT 434 million loan insurance
  • BDT 769 million Debt Management Reserve (DMR), and
  • BDT 1,965 million from other sources such as staff security, provident fund, etc.