MICROCAPITAL BRIEF: ASA Mourns Md Shafiqual Haque Choudhury, Pioneer in Microfinance

Md Shafiqual Haque Choudhury, who founded the Association for Social Advancement (ASA), an NGO in Bangladesh, and co-founded the Netherlands-based ASA International, recently died. He launched ASA in 1978 to promote civil rights and social development in rural Bangladesh. In 1992, ASA transformed into a microfinance institution in an effort to improve its effectiveness in expanding women’s empowerment. In 2007, ASA International began bringing microfinance to 13 countries in Africa and Asia.

ASA International CEO Dirk Brouwer said, “Shafiq was a transformative and inspiring leader and a guardian for many, yet he remained a humble person, never losing sight of his social mission.”

Sources and Additional Resources

ASA International press release
https://www.asa-international.com/media/1839/210212-asa-international-group-plc-statement-regarding-shafiqual-haque-choudhury.pdf

ASA International homepage
https://www.asa-international.com

Profile on ASA (Bangladesh) on Facebook
https://www.facebook.com/ASABangladesh/

Profile on Mr Choudhury in the MicroCapital Monitor, June 2008, page 10
https://www.microcapital.org/downloads/Z6LD2P/MicroCapitalMonitor_Jun08.pdf

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