MICROFINANCE PROGRAM AND OBJECTIVES
From a narrow financial services perspective, microfinance refers to the provision of uncollateralized small loans, small savings (capital build-ups) and micro insurance products and services to the poor whose needs are not being served by traditional banks and insurance companies.
From a broader social development and poverty alleviation perspective, microfinance is a tool that provides financial services to the poor by which self-employment is generated and family income is increased in order to improve the quality of life of this marginalized sector.
Microfinance is therefore not simply about providing financial services; it is also about helping to improve the quality of life of target communities. It has two bottom lines: one is financial and the other is social. Thus, the objectives of the microfinance program of ASA Philippines Foundation are:

History
ASA Philippines Foundation was conceptualized by Mr. Kamrul H. Tarafder. Mr. Tarafder started work in the microfinance industry with ASA Bangladesh.

Vision and Mission
ASA Philippines Foundation has made its commitment to three sectors. The first is a commitment to the marginalized poor sector for which the Foundation exists.

Primary Services
We offer three major service products to the enterprising poor to help uplift their economic condition