We Lead By Serving
Beam of Hope is committed to fulfilling the informational, advisory, and financial needs of its members. To achieve this, we provide an extensive array of services. Our centre has devised a comprehensive approach to assisting our members throughout various stages of business growth and income generation endeavours. This strategy ensures the continual delivery of top-notch services.
Our Best Practices
Training and Mentorship
Our Method of Service Delivery
ASA Bangladesh earned recognition as the most sustainable microfinance organization and secured the Banking at the Bottom of the Pyramid award from the International Finance Corporation (IFC) and the esteemed Financial Times in 2008. This distinction aligns with ASA Bangladesh's position as the world's fastest-growing microfinance institution. In 2000, a pioneering technical assistance partnership between the Federal Government of Nigeria and the United Nations Development Programme (UNDP) introduced the ASA approach to Nigeria. This model is currently adopted by approximately 15 institutions.
We lay a significant emphasis on membership and the quality of groups as essential components for achieving sustainable long-term success. The formation of groups is founded on fundamental social and economic criteria, including household income, nutritional well-being, dwelling type, and a commitment to transformative microenterprise activities. These criteria facilitate self-selection in constructing the groups. While the group structure fosters dynamic interactions, swift member access, and healthy competition, it's crucial to underline that the optimal utilization of loan facilities and timely repayment solely rests upon the client's accountability. This principle is strongly highlighted during the pre-loan training phase. This training not only familiarizes clients with the Center's vision, mission, products, eligibility prerequisites, access protocols, loan quantum, repayment choices, but also imparts best practices for judiciously managing and deploying loans.
Consolidated groups are strategically distributed across designated areas and divisions within our branch networks.
The fact that Beam of Hope is positively influencing many women's lives through financial support and collaboration makes me pleased in addition to the fact that I have financial independence. My business is on track, and I was able to realize a long-held dream.
There is the benefit of a well-distributed payback schedule, which makes it simple to make payments. Also, the motivation to save has allowed me to accumulate personal funds for a variety of requirements.
Due to how easy it is to repay them, their business loans are much better than other microloans I have tried in the past. I haven't had any reason to regret joining since then. I'm currently enjoying their trainings and advisory programs.
Since I now purchase my items directly from wholesalers, my company has expanded. The time of scrimping and saving has ended. I have enough money now to cover my family's needs and my business.