ASF renews the agreement with ADGF (Albanian Development Guarantee Foundation)

Agro & Social Fund
Asf

Meeting with EIF representatives

We had the pleasure of welcoming at our office Mrs. Cristina Dumitrescu and Mr. Simone Petrillo, representatives of the European Investment Fund (EIF)! During the meeting, we discussed the possibility of expanding the agreement, implemented last year, which has at its core financial support for small and medium-sized enterprises. The meeting turned out to be fruitful and positive from both institutions, an approach that gives us the opportunity to believe that our support to small and medium-sized businesses will continue to consolidate further!

Agro & Social Fund
Asf

Borrow Wisely Campaign

The second question you should ask yourself when borrowing wisely is:
“Do I know how much I will pay?”
Answer:
– Compare different offers to make the right choice;
– Remember, a low interest rate does not guarantee a cheaper loan;
– Ensure you include all costs and charges when calculating your monthly repayments, not just interest repayments;
– Beware of aggressive lenders – “good” offers are not always the best;
– Carefully analyze the length of the loan – lower payments over a longer period may not work out cheaper;
Become a wise borrower!

Agro & Social Fund
Asf

Borrow Wisely Campaign

As part of the Borrow Wisely campaign, ASF follows the tradition of lending awareness and financial education for our customers, and not only.
You have the power and the right to make sure you’re borrowing wisely and avoid the risk of credit overload by following a simple guide in the form of questions.
The first question you should ask yourself before getting a loan is:
“How much can I afford to borrow?!”
Answer:
– Learn how to calculate accurately your monthly savings
– Monthly loan repayments should not exceed 70% of your monthly savings.
Example: If income = 10 ALL and expenses = 8 ALL, then SAVINGS = 2 ALL.
In this case, the monthly installment is 70% of 2 = 1.4 ALL.
Become a wise borrower!

Agro & Social Fund
Asf

ASF signs the agreement with the European Investment Fund!

ASF renews the agreement with one of our long-term partners, Swisscontact! Based on this agreement, Swisscontact provides training for our staff, various workshops to which we can have access, as well as enables the provision of consulting services to clients who apply for the “Young Entrepreneurs” product before, during and after loan disbursement. Training and improving the sales techniques of the staff as well as expanding the opportunities for entrepreneurship, through consulting and financing remain our focus, so we constantly seek to find the best practices to achieve this!

Agro & Social Fund
Asf

ASF renews the agreement with Swisscontact! 

ASF renews the agreement with one of our long-term partners, Swisscontact! Based on this agreement, Swisscontact provides training for our staff, various workshops to which we can have access, as well as enables the provision of consulting services to clients who apply for the “Young Entrepreneurs” product before, during and after loan disbursement. Training and improving the sales techniques of the staff as well as expanding the opportunities for entrepreneurship, through consulting and financing remain our focus, so we constantly seek to find the best practices to achieve this!

Agro & Social Fund
Asf

Borrow Wisely Award  

During the 24th Annual MFC Conference, which took place in Istanbul, ASF was awarded the prize for participation and commitment in promoting global standards of consumer protection, through the Borrow Wisely campaign!  ASF has been part of this campaign for years, continuing to inform customers to borrow smartly! We are very pleased and proud that our efforts were appreciated by MFC and motivated to continue the good work built up over the years.

Agro & Social Fund
merruko

24th MFC Annual Conference

On June 29-30, took place the 24th Annual MFC Conference in Istanbul. The MFC conference has become a dynamic platform for initiating and forging relationships among participants and their institutions. The conference was attended by more than 500 delegates from 40+ countries around the world.  ASF was represented at this conference by the Director of the Risk Department, the Director of the Finance Department and the Project Coordinator. During the Conference, our representative held meetings and exchanged information with important partners of the microfinance sector, who expressed their willingness to cooperate with ASF.

Agro & Social Fund
merruko

Training EE / Er in partnership with ADGF _ MACS    

Due to the focus and the importance that Energy Efficiency and Renewable Energy has received in recent years, and since ASF has Energy Efficiency among its products, in partnership with ADGF and MACS Energy and Water, we organized the training about “Renewable Energy / Energy Efficiency”. This training was attended by management level staff and loan officers, who had the opportunity to expand their spectrum of knowledge related to these two elements. The impact from the training was very positive and the knowledge gained is passed on to our customers, thus increasing attention to climate change and the importance of environment protection through the use of energy efficiency.

Agro & Social Fund
merruko

ASF ARRIVES IN DURRËS!

Agro & Social Fund started providing its services in the Durrës Regional Branch, at the address: Rruga e Dëshmorët nr.5, Durrës, ground floor, opposite ABI Bank. We are happy that we will have the opportunity to support with our loans the economic activities and the inhabitants of Durrës Region!

Agro & Social Fund sh.pk – “We finance your development!”

Agro & Social Fund
Asf