ASBA was registered in 1994 as a Non Governmental Organization (NGO) under the Ministry of Social Affairs. The MFI is currently owned by its General Assembly, composed of 71 members.
Theoretically, members of the Board of Directors have a six-years mandate with one-third up for re-election ...
En savoir plusASBA was registered in 1994 as a Non Governmental Organization (NGO) under the Ministry of Social Affairs. The MFI is currently owned by its General Assembly, composed of 71 members.
Theoretically, members of the Board of Directors have a six-years mandate with one-third up for re-election every two years.
ASBA provides microcredit through two loan product types, the individual loan for small and micro enterprises (SME) started in 1996 and
the group (Bashayer) loan started in late 1999. Both were designed initially by EQI, the technical service provider contracted by USAID. There have been no significant changes to the product terms since the respective programs started.
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