ASA to give out Tk 31,000 crore in loans

Microfinance institution ASA will disburse Tk 31,000 crore in loans among 7.1 million clients in fiscal 2018-19.

During its 39th annual general meeting at ASA Tower in Dhaka last week, the non-government organisation also decided to spend Tk 66 crore to implement its non-financial welfare programmes.

Dalem Chandra Barman was elected new chairman of the ASA's governing body while Mohammed Azim Hossain and Md Shamsuzzaman new members, says a statement.

Taherunnessa Abdullah, the outgoing chairperson, presided over the meeting while Md Shafiqual Haque Choudhury, president, presented a report on the immediate past year.