Cost Efficient, Sustainable and Fast Growing Microfinance

 

ASA Profile

May 17th, 2008
 

Institutional Profile as of June 2008
Founded 1978
Legal status NGO MFI licensed with Microfinance Regulatory Authority of the Central Bank of Bangladesh


MRA Reg. No. : 00470-00538-00100;

Registered in NGO Affairs Bureau (Reg. No. : 120)

Registered in Joint Stock Company (Reg. No. : S-660/36)

 

Organization

Number of Branches:

3,324

Number of Villages:

72,204

Number of Active Client:

7,132,427

Number of Household:

5,528,896

Number of Borrowers:

5,675,784

Average Loan Size:

US$130

Average Loan Size on Per Capita GDP (%):

28%

Percentage of Female Client:

71%

Total Staff Members:

27,426

Total Loan Officers:

15,464

 

Area of operations

% Urban:

15%

% Rural:

85%

 

Financial Profile (Amount in US$)
  1992 2000 2005 2007
Portfolio size (USD)

$2,996,761

$79,213,963

$265,000,414

$356,043,266
Savings Balance (USD)

$753,451

$31,975,066

$48,093,105

$65,176,876
Cost per Unit Money Lent

0.166

0.043

0.033

0.053
Portfolio per Loan Officer (in million)

0.13

1.14

1.78

1.67
Portfolio at Risk

0

0.88

1.22

4.34
Average Portfolio Yield

0.00%

25.95%

28.87%

26.15%
Effective Yield on Average Asset

11.94%

24.65%

24.53%

24.14%
Operating Cost Ratio

21.89%

7.70%

6.54%

10.48%
Financial Self Sufficiency (FSS)

47.03%

124.90%

169.73%

128.39%
Operating Self Sufficiency (OSS)

53.17%

136.60%

275.24%

187.83%
Return on Assets (ROA)

-11.44%

8.97%

10.71%

5.63%
Return on Equity (ROE)

-14.00%

22.88%

19.66%

9.10%

 

Product Offering (as of December, 2007)

Type

Size Range

% of Portfolio

% of Client
Small Loan (female)

$147 - $294

78%

80.24%
Small Business

$735 - $2,941

12%

5.62%
Hardcore poor Loan

$88

1%

1.66%
Supplementary Loan

$59

0.1%

9.83%
Rehabilitation & Education

$30 - $74

0.5%

1.58%
Small entrepreneur

$8,824

6.5%

1%
Agri-business & Short term

$515 - $5,147

1.5%

0.07%
Savings

Weekly $ 0.15

19%

- -
Insurance

Weekly $ 0.15

21%

- -