ABOUT US

Empowering Albania through responsible finance

About Agro & Social Fund

Agro Social Fund is committed to supporting social groups facing economic hardship and exclusion from financial services. Limited access to finance restricts their ability to overcome poverty, improve their quality of life, and build a better future for their children and communities.

OUR HISTORY

Since December
2016
Fondi Besa became the sole owner and shareholder of the institution, holding 100% of its shares.
November
2016
VisionFund International decided to withdraw from Albania. In December 2016, an agreement was reached to sell the institution to Fondi Besa sh.a.
December
2009
Agro & Social Fund received License No. 17 from the Bank of Albania as a microcredit financial institution.
2009
The microfinance institution adopted the legal status of a limited liability company under the name Vision Fund Albania.
2001
“Building Future” was established as a microfinance program of World Vision Albania, opening its first office in Lezhë.

Our plans for the future

Agro Social Fund (ASF) works closely with its clients and aims to strengthen its role as a partner in the growth of their businesses and the improvement of their quality of life. To do so, ASF plans to develop, grow and expand its presence throughout Albania, bringing its services closer to the people and communities it serves.

Objectives

Evaluate and improve the products and services we offer to increase client satisfaction.

Develop procedures to measure the impact of our products.

Continuously strengthen an effective system for managing the risks our organization faces.

Review practices and raise staff awareness to preserve and strengthen the organization’s social mission.

Improve staff policies and procedures to support engaged, motivated employees and career development within the organization.

Strategies

Agro Social Fund (ASF) aims to contribute actively to financial education and inclusion for underserved groups.

We focus on expanding access to finance for women and rural communities through services that improve their quality of life and benefit the communities around them.

ASF continually improves its range of products. In 2020, we introduced the “Rural Woman” and “Young Entrepreneurs” loans to better meet the needs of underserved clients.