Small Loan
Our entry product for women starting or expanding a micro-business. Repaid in small weekly instalments that fit daily trading cash flow.
Apply at a branch →
Licensed microfinance bank · Nigeria
Small loans that help women build big futures.
ASHA Microfinance Bank gives women who run small businesses fast, fair access to credit, with no collateral and no joint liability, through branches in their own communities.
- No collateral
- No joint liability
- Weekly repayments
172kActive clients
269Branches
$19.7mOutstanding loan portfolio
3.8%Portfolio at risk > 30 days
About us
A bank built around the market trader.
ASHA Microfinance Bank Limited is a microfinance bank incorporated and licensed in Nigeria, and part of the ASA International group. We focus on one thing: putting affordable working capital in the hands of low-income women entrepreneurs who are underserved by traditional banks.
Our loan officers live and work in the communities they serve. They meet clients weekly, know their businesses, and make decisions locally, so a loan can go from application to disbursement in days, not weeks.
- Regulated by the Central Bank of Nigeria
- Transparent pricing with no hidden fees
- Clear, fair complaint and grievance process
What we offer
Loans and protection that grow with your business.
Each product is designed for a different stage of a business, from a first stall to a growing shop with staff.
Small Business Loan
Larger amounts for established clients with a proven repayment record who are ready to add stock, equipment or a second outlet.
Apply at a branch →Individual / SME Loan
Individually assessed financing for small and medium enterprises, with terms tailored to the size and cycle of the business.
Apply at a branch →Top-up Loan
Extra capital mid-cycle for Small Loan and Small Business clients, so a seasonal opportunity is never missed.
Ask your loan officer →ASHA LifeCare Insurance
Enhanced credit life cover built into every loan, with life and hospital cash benefits that protect clients and their families when it matters most.
Read about the launch →Our business model
Simple, local and personal.
We lend to individuals who meet together in small client groups. Groups give support and accountability, but no member is ever liable for another's loan.
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1
Visit a branch
Meet a loan officer near your market and tell us about your business.
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2
Join a client group
Connect with other women entrepreneurs in your area who meet weekly.
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3
Receive your loan
Fast, local approval. Funds are disbursed straight to you.
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4
Repay and grow
Small weekly repayments build your record and unlock larger loans.
News & media
Latest from ASHA.
images/lifecare.jpg
Product launch · 11 Sep 2025
Introducing ASHA LifeCare Insurance
Developed with insurtech partner Turaco, our new enhanced credit life microinsurance is embedded in every loan and adds hospital cash benefits for clients.
Read more →images/clean-a-market.jpg
Community · 5 Sep 2025
Clean-A-Market launches at Oyingbo Market
Our WASH initiative brings sanitation work, free medical checks and trader engagement to Lagos markets, starting with a pilot at Oyingbo.
Read more →Responsibility
Growing communities, not just portfolios.
Client protection
Responsible lending, transparent pricing and respectful collection practices, every time.
Healthier markets
Programmes like Clean-A-Market improve sanitation and health where our clients trade.
Financial inclusion
Reaching women who have never had a bank relationship and helping them build one.
Ready to grow your business?
Walk into any ASHA branch. Our loan officers will guide you through every step.
Contact us
We're here to help.
- info@asai-nigeria.com
- Head office
- 69 Allen Avenue
Ikeja, Lagos
Nigeria - Phone
- +234 915 237 1696
- Hours
- Monday to Friday, 8:00 to 17:00
Complaints & incidents
Every client complaint is logged, investigated and answered. You can raise a concern with your branch manager, by email, or through our incident form.
Report an incident →