ASUSU.SA is registered in the Trade and Personal Property Credit Register of Niamey under number RCCM NI-NIA-2008-B-2054. It is registered under the Tax Identification Number 16596 / R. It has been approved by the Ministry of Finance to operate as a Decentralized Financial System (DFS) by Order N’0453 / MF / ARSM of December 14, 2011 under Code H90292.
ASUSU CIIGABA is a microfinance institution created on June 16, 2005, at the joint initiative of partners who have a permanent concern to develop and perpetuate an adequate offer of financial services to the poor populations who carry out Income Generating Activities in urban areas , peri – urban and rural, and do not have access to traditional banking services.
As part of the implementation of the micro-credit component of the Poverty Reduction Project, financed by the African Development Fund, ASUSU CIIGABA has extended its spatial coverage well beyond that inherited from the poverty reduction project for Africa. cover all regions of the country, in more than 3200 villages, except the region of Agadez which will have to be covered in the near future.
Indeed, ASUSU CIIGABA initiated a restructuring process which led to the creation on June 10, 2008, of a Limited Company named ASUSU SA
The various ratios verified by a joint inspection mission Government – Central Bank of West Africa (BCEAO) held in April 2009 ranks first among microfinance institutions in Niger. These performances culminated in the signing of the framework agreement by the Minister of Economy and Finance on Monday, February 1, 2010, which makes ASUSU SA, the first case of institutional transformation that has been successfully completed in the space of the West African Monetary Union (WAEMU).
This rise in the Decentralized Financial System (SFD) allowed it to reconcile access to the financial market and the compatible legal form to raise the funds necessary to meet the growing demand for financial services, and consequently to consolidate its current position.
ASUSU SA devrait assurer les fonctions essentiellement financières sans aliéner la vision initiale, et ouvertes à des investisseurs locaux et étrangers, tandis que ASUSU CIIGABA, de son coté, poursuivra l’offre de services non financiers aux bénéficiaires de micro crédit.
According to data collected from the Microfinance Sector Regulatory Agency (SMRA), at the end of 2011, ASUSU SA, the latest flagship of the microfinance sector, has managed in five years to take first place at the sector level with around 30% of the outstanding credit, 32% of the savings collected and more than 25% of active clients in the portfolio. Despite the taxation of a large part of its operations, the institution is showing positive results. With 37% of the financial services network of the entire sector, ASUSU SA holds about 35% of the real microfinance market and is, therefore, the powerhouse of the sector.
We are present in more than 5,000 villages in more than 12,700 registered villages in Niger or 40% coverage.
The Asusu SA network reaches all regions of Niger with 600,000 customers, 70% of whom are women.
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