Asa Savings and Loans offers the various loan types in Ghana you could try out. Getting a loan from a local financial organization may be one of the few viable possibilities. You may need to use cash flow to meet your financial obligations. Speaking of financial commitments, you already know there are some needs you can’t do without. As a result, getting a personal loan to suit your personal needs or a debt consolidation loan to merge your obligations could be beneficial.
In the rest of this article, you will learn more about ASA Savings and Loans, their products, accounts, and so on.
About ASA Savings and Loans
They incorporated ASA Savings & Loans Limited in June 2009 under Ghanaian law with the registration number CA-60,423. However, currently their registration number is now CS101382016 after re-registration. The Bank of Ghana also registered with the Ghana Investment Promotion Center and licensed the company.
ASA Savings & Loans Limited is a wholly owned subsidiary of ASA International, one of the world’s leading international microfinance organizations.
ASA Savings & Loans Limited began operations in 2008 and now has nine branches around Ghana.
What are the products of ASA Savings and Loans?
ASA Savings and Loans offer some loan products to their customers. They include:
- Small loan, weekly Loan
They designed this loan for clients who cannot afford formal bank loans because of their businesses. It’s a one-on-one loan through client groups they designed to help businesses grow. They did this by providing easy access to cheap services and a flexible payback plan.
- Individual Loan, monthly Loan
They designed this product for clients in business. It’s a 10-month personal loan with monthly payments.
This is a term loan for people and small and medium businesses in the trade and commerce, services, agriculture, transportation, and other sectors of the economy.
- Education Loan
They designed it for our existing borrowers whose children are at school and must pay school fees.
- Asset Financing Loan
It facilitates the acquisition of commercial assets, such as motor vehicles, taxis, and Tro tro vehicles, as well as machinery and equipment.
What are the accounts of ASA Savings and Loans?
The following are the kinds of accounts ASA Savings and Loans offer:
- ASA Savings Account
This is a personal account they designed to offer innovative savings to both prospective and potential customers. Especially those who want to set aside any surplus funds for future use. And they require a minimum deposit of GH₵10.00 for this account.
- Fixed Term Deposit
This is an investing account that requires a fixed sum that you will invest over 3, 6, or 12 months.
- ASA Long-Term Savings Account
This is a special savings account that allows you to save and grow your money. It also helps customers to save for payment of rent, child school fees, buying a car, land, house, marriage, etc.
- ASA Current Account
The current account is a type of transaction account that allows you to manage your money any way you like. This account is free with a package they customized and developed. They did this for those who wish to have a current account but don’t want to maintain it.
What are the contact details of Asa Savings and Loans?
For more enquiries on their loan products or how to apply, you can contact them by:
- Office address: No 612 South Odorkor
Busia Junction (Odorkor–Mallam Road)Accra Ghana.
- Phone Number: +233 302 328405
- Email: info@asasavingsandloans.com
How many branches does ASA loans and Savings have in Ghana
ASA Loans and Savings has branches in all Nine regions of Ghana
| Region | Branches | Business center(s) |
| Ahafo | – | 1 |
| Ashanti | 4 | 30 |
| Bono East | 1 | 4 |
| Bono | 1 | 5 |
| Central | 1 | 9 |
| Eastern | 1 | 6 |
| Greater Accra | 7 | 39 |
| Western | 2 | 11 |
| Western North | – | 1 |
Conclusion
They have made Asa Savings and Loans offers easily accessible to Ghanaians. The level of expertise, experience, and transparency the professionals at Asa work with is very important to remember. Getting a loan when you need it is much safer when trusted experts, such as Asa, handle it.
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