Mrs. Paraiyar, a dairy farm owner, joined ASA Myanmar two years ago, taking out a loan and committing to save regularly. Today, she has expanded her farm, setting aside 12% of her loan amount each year. “Everyone should save at least 10% of their income to achieve their goals,” she says. “Saving and investing smartly are key to financial stability.”

During Myanmar’s economic instability, her savings helped cover rising costs without taking on more debt. Like many ASA clients, she sees savings as vital for security and growth.

Mrs. Paraiyar’s experience is shared by many ASA clients. Ms. Than Than Sint, a banana shop owner, previously depended on high-interest loans from local village moneylenders to navigate financial hardships, but now has doubled her savings, providing stability for emergencies. “I can withdraw my savings for health expenses or unforeseen challenges,” she says.

For Ms. Thae Su Mon, saving with ASA Myanmar has meant reinvesting in her business and inspiring others. “Not only do we receive a high annual interest rate, but when I withdraw my savings, I can expand my business.”

"Saving and investing smartly are key to financial stability."

Mrs. Paraiyar - Client ASA Myanmar

Meanwhile, Ms. Khin Hnin Wai has used her savings to ensure her children’s education is secure. “I can withdraw my savings quickly to pay school fees,” she shares. She also appreciates the ease of voluntary savings, depositing money during loan collection days without needing to visit a branch like a traditional bank.

These stories illustrate the impact of ASA Myanmar’s deposit-taking services in fostering a culture of financial resilience. By making savings accessible and convenient, ASA Myanmar helps individuals build security, navigate challenges and plan for the future. For Mrs. Paraiyar and others, saving has become key for building a stable, prosperous life. “It’s not just about today, it’s about securing the years ahead,” she says.