Sunday, March 21, 2010

ASA Philippines Foundation Financing and Loan Programs for Poor Female Entrepreneurs

ASA Philippines Foundation is offering financing and loan programs for female members from enterprising poor families with a 6 months cycle. Loans are in the form of multiple thousands (e.g. P1,000, P2,000, P3,000, and so on). The initial loan is between P1,000 to P6,000. Its service charge including interest of the loan for six moths is 15%. Payment of loan is weekly P50 per thousand borrowed.

Collateral/security: No collateral needed
Requirements: Filled-out loan application form (with employed husband, child, or sibling as guarantor) 1.5×3 inches photo of client/borrower with the guarantor, ASA Philippines Foundation passbook

Contact Person: The branch manager of the client’s area of residence (ASA has 150 branches)
Address: Unit 509 Prestige Tower F. Ortigas, Jr. Road, Ortigas Center Pasig City (Head Office)
Telephone: (02) 687-7558, (02) 914-7063
Fax: (02) 632-7844
Website: http://asaphilippines.org/

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