Alalay Sa Kaunlaran Inc. (ASKI)
The Alalay Sa Kaunlaran Inc. (ASKI) was born in October 1986 in the year of EDSA People Power Revolution where unemployment and poverty are widespread because of political issues and transition of leadership. Seeing the urgent needs and the difficult situation of the communities at that time, a group of Christian business leaders in Nueva Ecija decided to establish an organization that will help the people.
The organization was officially registered with the Securities and Exchange Commission (SEC) on March 23, 1987 as a non-stock, non-profit organization committed to the promotion and development of micro and small-to-medium enterprises and the delivery of social services. It formally launched operations on July 1, 1987. From its starting fund of P460,000 provided by the Maranatha Trust of Australia, the group reached out to small entrepreneurs, to the street players, to the movers of the micro economy that had no access to bigger funding institutions.
The organization slowly set up its Strategic Business Units to provide more services to its clients. It is now known as the ASKI Group of Companies, Inc. These institutions were part of innovations to address the socio-economic problems in the regions of our operation: Alalay sa Kaunlaran Microfinance Social Development, Inc., ASKI Mutual Benefit Association Inc., ASKI Foundation Inc., ASKI Multipurpose Cooperative, ASKI Skills and Knowledge Institute, Inc., ASKI Global Limited, Alalay Holding and Trading Corporation, iSynergies Inc., ASKI School of Knowledge, ASKI Employees Credit Cooperative, LOLC-ASKI Finance Inc., and Royal Bon Voyage Travel and Tours.
After more than 30 years in the development industry, ASKI Group of Companies, Inc. has achieved great milestones and surpassed steep challenges in its journey. From a small office in Cabanatuan City, ASKI blossomed and continuously grows to serve not only those in the rural communities but overseas Filipino workers as well. Currently, ASKI has a total portfolio of Php1.7 billion with 98 branches in Regions 1, 2 and 3 and serving more than 120,000 clients and insuring more than 800,000 members and their families
The organization has also created its name in local and international front in bringing about change to the lives of many and innovating its strategies to better cater the needs of the people. It has developed trust and entered partnerships to different institutions inclined to the mission of ASKI. Similarly, ASKI has strengthened its alliance with its fellow institutions in the industry across the country to work together to better address the needs of poor families.
In 2015, ASKI welcomed Republic Act 10693 or the “Microfinance NGOs Act” that strengthens non-government organizations engaged in microfinance operations. The law benefits and protects microfinance institutions and more importantly its delivery of services to micro entrepreneurs and unbankable poor families.
Products / Services
The member-institution of ASKI Group of Companies, Inc. offer various loan products ranging from:
• Business to consumer loans
• Training and education
• Corporate social responsibility
• Community development
• Hardware and software technologies
• Savings and deposits
• Renewable energy program
• Marketing of client’s products and travel-related needs.
- Phone (044) 940 - 1800 / (044) 463 - 5770
- Mobile 0906-490-1081 / 0999-885-2174 / 0932-845-1897
- E-mail firstname.lastname@example.org