ASA Tanzania received the esteemed "Champion African Company of the Year - 2023 in Financial Services to Vulnerable Groups." Their triumph extended across three pivotal categories: 1. Champion in Financial Services to Vulnerable Groups; 2. Champion in Customer Focus; and 3. Overall Champion. This recognition highlights ASA's outstanding commitment and leadership in providing financial services to vulnerable communities.

Following the financial week organized by the Bank of Tanzania and Ministry of Finance, ASA Tanzania's team was honored with the "Best Microfinance Provider of the Year 2023" at the Africa Company of The Year Awards (ACOYA) 2023. Competing against fifteen top-tier microfinance service providers, ASA Tanzania came out on top, underscoring its remarkable portfolio growth and the high satisfaction levels of its clients. This accolade reinforces ASA Tanzania's position as a distinguished player in the microfinance sector.

ASA Savings and Loans (‘ASA S&L’) has been recognized by the Ghana Revenue Authority (GRA) as the "Most Dedicated and Compliant Taxpayer of the Year 2022." This accolade underscores ASA S&L's contribution to the national development of Ghana and its communities, solidifying its role as a valued partner in fostering economic growth.

ASA S&L clinched two esteemed accolades in the Ghana Microfinance Institutions Network (GHAMFIN) Award Ceremony 2023: (a) Best Microfinance Methodology and (b) Highest Outreach in Rural Areas. These awards reinforces ASA S&L’s innovative approach and significant impact on rural communities.

ASA India received the best product and service innovation award from the Associated Chambers of Commerce and Industry of India (‘ASSOCHAM’), India’s oldest apex chamber. This award is a recognition for the uniqueness of the ASA's model, product and service delivery.

ASA Sierra Leone secured four coveted awards, recognizing its outstanding performance, commitment to business excellence, adherence to best practices, and substantial contributions to the socioeconomic growth and human development in Sierra Leone: (a) The Best Customer-Centric MFI, (b) MFI with the Highest Outreach, (c) Best-Compliant MFI to the Regulator and (d) Special Recognition from SLAMFI for dedicated service, devotion, and commitment to SLAMFI's mission.


Secured the 32nd position in Kenya on the “FT - Africa’s fastest Growing Companies 2022” ranking, a list of the Top 75 companies in Africa that have achieved the highest compound annual growth in revenues between 2017 and 2020. Ranked 5th out of the 10 financial service providers participating. Recognition of Financial times in partnership with Statista.

Received the 11th position in the “Ghana Club 100” and placed highest of the Companies offering savings and loans. Awarded by Ghana Investment Promotion Center on behalf of the Government of Ghana. This year the award reviewed performance of the past three years, as it was postponed due to Covid-19.


Received the best Microfinance (Tear-4) Visionaries award, evaluated by the Uganda Microfinance Regulatory Authority.

Awarded the "Sierra Leone Business Awards 2020-2021", by Corporate Events Limited, a sister company of African Consulting Group thanks to business excellence and the highest standards of ethical conduct, integrity and social responsibility.

Recognised as the “Pacesetter MFI of the Year 2021” by the Annual Industry Leadership Award Team in Kenya for the Company’s innovation, quality products, service delivery, job creation, exemplary leadership, growing the economy and transforming the society.

Received the “SKOCH order-of-merit” for inspirational and transformational performance during the COVID-19 pandemic in India.


Received the “Gold Price Disclosure Award” from data platform MicroFinanza Rating (MFR), demonstrating commitment to pricing transparency, in Pakistan.


Placed 6th in the “Ghana Club 100”, a prestigious award with all leading companies in Ghana participating. Awarded by Ghana Investment Promotion Center on behalf of the Government of Ghana.

Placed 6th in the overall category of the “Best Financial Services Company of the Year” of the “Top 100 mid-sized companies award”. Awarded by Business Daily and KPMG in Kenya.

Winner of “Social Impact Initiatives” awarded by Association of Microfinance institutions, West Bengal, in India.

“SKOCH Order-of-Merit”, semi-finalist in the category for Strategic Transformation and Socially Relevant Initiatives, in India.

Awarded “Banking & Finance Leadership Excellence of the Year” by the African Institute for Leadership Excellence in Nigeria.

Received the 2nd position of “Number of Lives Insured” and third position in the “Total Contributions Made” of the Insurance Commission (Department of Finance of Philippines), in the Philippines.

Received the 13th position in “Top 100 mid-sized companies award” by Daily Monitor and KPMG in Uganda.


Received the “SKOCH Order-of-Merit” for qualifying amongst the top ranking banking and finance projects in India.

Received the “Students Loan Trust Fund Award” for the organization’s exemplary performance in repaying student loans on behalf of the employees in Ghana.

“MSME Microfinance Bank of the Year” as part of the “Nigeria Entrepreneurs Award” by the Executive Board in Nigeria. Partners include, amongst others the The Enterprise Development center, African Entrepreneurs Foundation, Development Bank of Nigeria, Lagos State Employment Trust Fund.

Received the 31st position in the “Top 100 mid-sized companies award” by Daily Monitor and KPMG in Uganda.


Received the 12th position in the “Ghana Club 100 award”, placed as 3rd “Fastest Growing Company” and 2nd as the “Most Profitable Company” out of three selected “Best Companies of 2017”. These positions were awarded by the Ghana Investment Promotion Center.

Awarded “Most Efficient Microfinance Bank of the Year” as part of the “Nigeria Entrepreneurs Award” by the Executive Board in Nigeria.


Awarded “SME of the Year” for credit providers by the Institute of Credit Administration in Nigeria.

Awarded “Local Content Compliant Company of the year” from the Nigeria Advancement Awards Committee in Nigeria.

Awarded “Leader of Non-Banking Financial Sector” and received the 17th position in the “Ghana Club 100 award”, awarded by the Ghana Investment Promotion Center.

Received the “Microfinance Recognition Award” from Shamrock Conference International in Pakistan.


Awarded “Entrepreneurs’ Microfinance Bank of the Year” from the Nigeria Entrepreneurs Award Committee in Nigeria.

Placed 20th in the “Ghana Club 100 award by the Ghana Investment Promotion Center.


Received the ‘Seal of Pricing Transparency’ from mftransparency.org for reducing poverty and improving the quality of life for the economically challenged by providing quality and responsible microfinance services in an innovative and sustainable way in India.

Received the “Best Complying Company of the Year” award from the Corporate Affairs Commission in Nigeria.

Received the “Highest Taxpayer Award” in its district in the Philippines

Received the “Overall Best Taxpayer Award” at the Medium Taxpayer Office from the Ghana Revenue Authority in Ghana.


Received the “Seal of Transparency Award” for participating in the country’s “Transparent Pricing Initiative”. Awarded by the MicroFinance Transparency institution in Ghana.


Received a “Certificate of Appreciation” from the Microcredit Summit Campaign in Pakistan.