Achievements


Branchless Microfinance Initiative

In the light of learning from a pilot project on Branchless Banking service methodology in its four branches, Asasah has implemented Branchless Microfinance in all branches spread from Lahore to Multan. Now all members (beneficiaries) of Asasah are being provided credit money through ATM cards and repayments are being collected through EasyPaisa shops. By doing so, Asasah has become the first MFI in Pakistan serving its members through Branchless Banking system.


Gold Award MIX/CGAP

Asasah has been bestowed with Gold 2010 MIX/CGAP Social Performance Reporting Award. In 2009 Asasah received Silver Award for reporting on Social Performance to MIX. The award powered Silver by MIX is designed to promote greater Transparency in Microfinance Institutions.


Citi-PPAF Entrepreneurship Award

Asasah's member Nargis Bibi won 7th Citi-PPAF Micro-entrepreneurship Award 2010 in National Entrepreneurs' Category. Earlier in 2009, Kausar Parveen one of our member entrepreneurs had won 6th Citi-PPAF Award in Provincial category.


Social Performance

Italy based International rating organization Microfinanza studied Asasah Social Performance i.e. the effective translation of an institution's mission into practice in line with accepted social values. Asasah was awarded the Social Rating Grade BB-in 2010.


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