2019

  • Lak Jaya became a deposittaking microfinance company in Sri Lanka
  • ASHA Microfinance Bank obtained national wide licence, ASHA Microfinance Bank and ASIEA NGO merger is in progress in Nigeria
  • ASA Zambia commenced operations

2018

  • Completes premium listing on the Main Market of the London Stock Exchange
  • Received licence to commence business in Zambia
  • MFI Licence received in India
  • Finance company licence received in the Philippines

2016

  • Establishes MFIs in Rwanda and Sierra Leone
  • Company secures a U.S.$20 million loan from Overseas Private Investment Corporation

2014

  • Establishes MFIs in Myanmar and Tanzania

2013

  • Establishes MFIs in Kenya and Uganda

2012

  • Receives savings & loans bank license in Ghana

2010

  • Receives a microfinance bank license in Nigeria

2009

  • Establishes MFI in Nigeria

2008

  • Establishes MFIs in Ghana, India and Pakistan
  • Acquires an MFI in Sri Lanka 

2007

  • April: Incorporated
  • Company secures a U.S.$20 million loan from the Bill and Melinda Gates Foundation
  • Establishes an MFI in the Philippines

IT developments

2019

  • Loan officers, area and district managers use tablets which simplifies loan administration
  • AMBS real-time implementation completed in nine out of 13 countries
  • A real-time mobile app is rolled-out in countries where real-time AMBS is implemented. It is used for collection, client admission and loan application processing

2017

  • Tablets rolled out to all loan officers