A FOUNDATION DEDICATED TO BETTER THE LIVES OF THE POOR

ASA Philippines is a non-profit, non-stock corporation specializing in microfinance. The Foundation caters to more than 2 million clients who are called Micro Entrepreneurs.

2,271,318

Borrowers

44,441,324,150

Loan Portfolio

1,814

Branches

12,125

Staff

As of May 31, 2024

MANAGEMENT REPORTS

Explore ASA Philippines’ Management Report section to stay updated on our latest financial and operational performance, including Annual Reports, Islamic Financing, Monthly Unaudited FS, and Audited Financial Statements.

GAWAD MFI 2016


  • OUTSTANDING MICROFINANCE INSTITUTION

  • BEST MFI INTERMEDIARY

  • BEST MFI AVAILER

Howard Q. Dee

Chairman Emeritus - 2023

Chairman Emeritus's Message

2022 is another banner year for us and I am thrilled to share with you the remarkable achievements of ASA Philippines. We continue our strong recovery post-lockdown and our services have now reached well over two million households nationwide. Thanks to your tireless efforts, we achieved record loan disbursements and income all the while offering the most competitive interest rates and comprehensive benefits in the industry. My heartfelt congratulations to you all for collectively achieving these record milestones! Please allow me to dedicate these achievements to my predecessor, our late founding Chairman Eddie Go, whose exceptional 17-year tenure, together with that of our co-founder and President Kamrul Tarafder, built a legacy that is at the core of what ASA Philippines is today. I would also like to thank Victoria Aquino Dee, one of our original incorporators, who steps down from our Board after 18 years of dedicated service. Thank you Viel, for your long-standing meritorious service and for being an integral part of the ASA success story.

Replacing Viel in our Board of Trustees is Ambassador Joey Cuisia, the outstanding former Governor of the Central Bank of the Philippines. Amongst his many senior postings and high accomplishments in government, the private sector, and NGOs, he has served with highest distinction as Chairman or Chief Executive in some of our country’s largest financial institutions. Ambassador Joey, you are God-sent. In recent months, I have faced significant health challenges post COVID-19 and after much reflection, have decided to step down as Chairman of our beloved Foundation in favor of the eminently qualified Ambassador Joey, effective this coming September, 2023. Please join me in giving the heartiest of welcomes to our incoming Chairman Joey Cuisia. Congratulations Chair Joey for your unanimous appointment.

We look forward to ASA Philippines achieving even greater heights, especially for our clients, under your helm. It is my honor to continue to serve on our Board in order to plan and operationalize philanthropic initiatives that can further move the needle in addressing our clients’ and their communities’ ongoing socioeconomic challenges. Thank you fellow Board Trustees, President Kamrul, Finda, Shayn, Ferdy, Bambi, ASA Phil. Management, officers and staff for your unequivocal support and steadfast dedication to ASA’s noble mission and ideals for financial inclusivity and social development. Maraming maraming salamat at mabuhay kayong lahat!

CLIENT COMMUNITY SERVICE PROGRAMS FOR THE POOR

WHAT'S NEW?

PLDT-Smart Foundation (PSF), as part of its 30th anniversary

PLDT-Smart Foundation (PSF), as part of its 30th anniversary celebration this year, has inked a two-year partnership with non-profit, non-stock microfinance firm, ASA Philippines Foundation, to empower underprivileged communities through education and livelihood opportunities.

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Empowering Pinay microentrepreneurs

LAST month, the Securities and Exchange Commission (SEC), through SEC Memorandum Circular 9, Series of 2019, or the Guidelines on the Issuance of Social Bonds under the Asean Social Bonds Standards in the Philippines,

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ISTORYA NI NANAY

Quotes from Istorya ni Nanay Video on Facebook

Nanay Julieta

ASA Philippines’ Client

Quotes from Istorya ni Nanay Video on Facebook

Nanay Julieta

ASA Philippines’ Client

Our 2.2 million clients trust our services, consistently experiencing the value and excellence we provide.

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BENEFACTORS & PARTNERS

Barangays: 26,887 (64%)

Municipalities: 1,313 (88%)

Cities: 148 (100%)

Total City/Muni: 1,429
All Provinces: 82 (100%)

# of Branches: 1,814

Total Service Points: 1,814

% Geographical Coverage (as of May 31, 2024):

LUZON: 924 | 51%
VISAYAS: 459 | 25%
MINDANAO: 431 | 24%

TOTAL: 1,814 - 100%

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