ASA disburses Tk46.4m loans among partner organisations
Association for Social Advancement (ASA), a local microcredit organisation, has disbursed Tk 46.4 million loans among its 12 partner organisations.A loan agreement to this effect was signed between ASA and the organisations concerned recently in Dhaka, says a press release. The 12 partner organisations are DESHA, IRD, SDI, NSKS, SUK, RDS, SEBA, ISDCM, DNB, INDOVER and SUS. Netherlands-based international development organisation Cordaid funds these organisations for implementation of microcredit programmes. ASA provides them with technical assistance. On behalf of Cordaid, ASA President Md Shafiqual Haque Choudhury handed over the cheques to the executive directors of 12 partner organisations. Md Enamul Haque, executive vice president of ASA, among others, was present at the function.
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