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Vission,Mission and Objectives

To establish a poverty-free society through microfinance services

ASA Tanzania’s mission is to provide access to reliable and affordable financial services to millions of low-income people, particularly women, in Tanzania.

  1. To provide attractive, diversified, affordable and dependable financial services to the active poor in a timely and competitive manner, that would enable them to undertake and develop long-term sustainable entrepreneurial activities;
  2. To create employment opportunities and increase the productivity of the active poor in the country, thereby increasing their individual household income and uplifting their standard of living;
  3. To enhance organized, systemic and focused participation of the poor in the socio-economic development and resource allocation process; and
  4. To provide veritable avenues for the administration of the microcredit       programs of government and high net worth individuals on a non-recourse basis;
  1. Dirk M. Brouwer (Director)
  2. Mohammed Azim Hossain (Director)
  3. Enamul Haque (Director)
  4. Muhammad Shah Newaj (CEO & Director)
  5. Mohammad Mishu Mahmud (Director)
  6. Nurul Islam Chowdhury Mafique (Director)

OVERVIEW

ASA Microfinance (Tanzania) Limited, incorporated under the Companies Act 2002 (No. 93819) of Tanzania in September, 2012. ASA Microfinance (Tanzania) Limited is an affiliate of ASA International   (www.asa-international.com),  one of the largest microfinance companies in the world.
ASA International has been operating a Microfinance Institution (MFI) in Tanzania, since June 2014. As on October,2018 report  have 75 Branches with more than 72,700 active borrowers. The company is providing attractive, diversified, affordable and dependable financial services to the active poor in a timely and competitive manner, that would enable them to undertake and develop long-term sustainable entrepreneurial activities in Tanzania. ASA Tanzania is also creating employment opportunities and increasing the productivity of the active poor in the country, thereby increasing their individual household income and uplifting their standard of living. ASA Tanzania have more than 550 Tanzanian staffs as on October’2018 who are getting continuous in-house training for filling up managerial position.
ASA Tanzania is enhancing organized, systemic and focused participation of the poor in the socio-economic development and resource allocation process, providing veritable avenues for the administration of the micro-credit programs of government and high net worth individuals on a non-recourse basis.
ASA Tanzania has its own model of microfinance services which is called “ASA Cost Effective Microfinance Model”. The model has affordable microfinance solution for poor men and women who wants to engage with income generating activities and who wants to broaden current status of business
ASA Tanzania started operation on 16th June, 2014 with two branch units in Mwananyamala at Kinondoni, Dar es Salaam, with principal of activity of providing microcredit loan to small entrepreneur women who intend to start or enlarge income generating activities.
ASA Microfinance (Tanzania) limited is among of major group of subsidiaries including ASA International India Microfinance (Pvt.) Limited, ASA Pakistan, Pagasa Philippines, ASA Ghana, ASA Nigeria, ASA Tanzania, ASA Kenya, ASA Uganda, ASA Rwanda, ASA Sierra Leone, ASA Myanmar, ASA Sri Lanka.

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