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Association for Social Advancement

microfinance · Dhaka · verified (verified 2026-05-25)

Profile

Chief executive
Founded
1978
Regulator
Microcredit Regulatory Authority
MRA-licensed
yes
Active members
Loan portfolio
Staff
Coverage
nationwide, 64 districts
Provenance & notes

ASA Bangladesh, the domestic NGO-MFI founded 1978 by Md. Shafiqual Haque Choudhury, distinct from the listed holding company ASA International (incorporated 2007, Mauritius). MRA-licensed (registered with MRA after the 2006/2007 microfinance legislation). HQ in Dhaka. Operational figures vary widely across sources and dates (e.g. ~6.8M clients / 3,073 branches / 24,000 staff cited for 2021; ~5.3M members elsewhere), with no single current dated official figure confirmed, so member, branch, staff and loan-portfolio fields left null. Current chief executive not confirmed to a single reliable source (founder Md. Shafiqual Haque Choudhury vs. Md. Ariful Haque Choudhury cited as president), so left null.

Sources