ASGB's contribution (COVID-19 Recovery Loan) to member's well-being

As we all know, it has been a difficult time since early 2020 for Myanmar citizens due to the COVID-19 and political situations. Almost all the Myanmar people have been facing health challenges, political challenges and financial challenges from those situations.

The program took 3 months, and under the COVID-19 Recovery Loan program, we have provided loans to its clients supporting them in sustaining their businesses and purchasing essenial items for their family. Through the program, relaxing loan terms and conditions were offered including the interest only option for 6 months and longer term option up to 12 months to make the loan repayment easier. As a result, ASGB members who received recovery loans obtained funds to maximiase opportunities to become resilient in this difficult situation.

We continue to work with our clients to help them overcome challenges and grow their business and wellbeings through sustainable finanacial investment. We are commiteid to continue to a positive change in our society.

Let’s partner with us and create a better and sustainable society!

About ASG Bancorp Microfinance Limited

ASG Bancorp Microfinance Limited (ASGB), as part of the Asia Sustainability Group, was founded in 2016, provide individuals and entrepreneurs in Myanmar with useful and affordable financial services that meet their needs in the way they need and when they need. Our vision is to become the most efficient and innovative microfinance institution in Myanmar and provide the best service, most flexibility and most client-orientated financial services.

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