Savings and Loans Company is a the term used for non-bank financial institutions in Ghana. There are 37 Savings and Loans Companies released by the Bank of Ghana as at January 2017.
In this write-up, we will discussing about Asa saving and loans. I will provide you all the information you need. Asa Savings & Loans Limited was incorporated under the laws of Ghana in June 2009 with registration number CA-60,423 . The company is also registered with the Ghana Investment Promotion Center and licensed by the Bank of Ghana.
ASA Savings & Loans is a subsidiary of ASA International, one of the world’s largest international microfinance institutions in the world.
ASA SAVINGS AND LOANS PRODUCTS
Asa savings and loans provide their customers with unique services. You can visit any of their branches nationwide to access their services. Below are their products.
Small loan, weekly Loan
This loan is designed for clients who cannot afford formal bank loans due to the nature and size of their businesses. It is an individual loan via client groups tailored to improve existing businesses through easy access of affordable services and a comprehensive repayment method.
Individual Loan, monthly Loan
This product is designed for clients in business. It is a 10-month individual loan with monthly instalments.
This is a term loan meant for small and medium enterprises as well as individuals in trade and commerce, services, agriculture, transport, and other sectors of the economy.
It is designed for our existing borrowers whose children are at school and must pay school fees.
Asset Financing Loan
It enables to acquire assets such as a motor vehicle, taxi, and trotro cars, machinery and equipment for commercial purpose.
ASA BANKING SERVICES
ASA Savings Account:
It is a personal account designed to offer innovative savings to both prospective and potential customers who want to set aside any surplus funds for future use with a required minimum deposit of GH₵10.00.
Fixed Term Deposit:
This is an investment account which requires a fixed amount over a period which varies between 3 months, 6 months, and 12 months.
ASA Long-Term Savings Account:
This is a special savings account that gives the opportunity to save and accumulate wealth. It also helps to save (such as for payment of rent, child school fees, buying a car, land, house, marriage, etc.).
ASA Current Account:
The current account is a transactional account that gives you the freedom to manage your money the way you desire. This account has no charge: zero maintenance special package designed for those who want to enjoy a current account.
No 612 South Odorkor, Busia Junction (Odorkor – Mallam Road), Accra
P.O. BOX: MP 1834, Mamprobi, Accra, Ghana
+233 302 328405