Cost Efficient, Sustainable and Fast Growing Microfinance

 

ASA Profile

 

Institutional Profile as of December 2009

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:

3,236

Number of Villages/wards:

70,480

Number of Active Client:

5,498,292

Number of Household:

4,782,722

Number of Borrowers:

4,000,401

Average Loan Size:

US$178

Average Loan Size on Per Capita GDP(%):

30%

Percentage of Female Client:

88%

Total Staff Members:

24,021

Total Loan Officers:

13,266

 

Area of operations

% Urban:

15%

% Rural:

85%

 

Financial Profile (Amount in US$)

  1992 2000 2005 2009

Portfolio size (USD)

$2,996,761

$79,213,963

$265,000,414

$457,604,091

Savings Balance (USD)

$753,451

$31,975,066

$48,093,105

$118,991,965

Cost per Unit Money Lent

0.166

0.043

0.033

0.068

Portfolio per Loan Officer (in million)

0.13

1.14

1.78

2.36

Portfolio at Risk

0

0.88

1.22

4.67

Average Portfolio Yield

0.00%

25.95%

28.87%

22.72%

Effective Yield on Average Asset

11.94%

24.65%

24.53%

19.66%

Operating Cost Ratio

21.89%

7.70%

6.54%

11.56%

Financial Self Sufficiency (FSS)

47.03%

124.90%

169.73%

112.49%

Operating Self Sufficiency (OSS)

53.17%

136.60%

275.24%

143.38%

Return on Assets (ROA)

-11.44%

8.97%

10.71%

2.24%

Return on Equity (ROE)

-14.00%

22.88%

19.66%

4.11%

 

Product Offering (as of December, 2009)

Type

Size Range

% of Portfolio

% of Client

Small Loan (female)

$147 - $294

67%

87.83%

Small Business

$735 - $2,941

16%

7.78%

Others

- -

1%

2.08%

Small entrepreneur

$8,824

14%

2%

Agri-business & Short term

$515 - $5,147

2%

0.31%

Savings

Weekly $ 0.15

26%

- -

Security fund (Life Insurance)

Weekly $ 0.15

11.49%

- -