ASKI provides credit to those who does not have access to financial institutions, establishing market links and networks with private and public sectors.
ASKI MUTUAL BENEFIT ASSOCIATION
Aims to promote the welfare of the poor and extend financial assistance to its members in the form of death benefits, medical subsidy, pension and loan redemption assistance.
ASKI is about microfinance and beyond - serving, supporting, educating, and empowering people and communities. In pursuit of ASKI's vision, it continues to find ways to better serve and respond to the needs of ASKI communities.
ASKI MULTIPURPOSE COOPERATIVE
ASKI MultiPurpose Cooperative provides marketing venues to Micro entrepreneurs and commodities at reasonable price through its One-Stop Shop.
ASKI SKILLS AND KNOWLEDGE INSTITUTE
Serves as the capacity building arm of the ASKI group of institutions and business units with courses on technical, financial, entrepreneurial, and social aspects to build capacities of ASKI management, staff and clients.
ASKI GLOBAL LIMITED
The organization is wholly committed to helping the overseas foreign worker (OFW) communities be economically and socially developed by harnessing on their potentials.
ALALAY HOLDING AND TRADING CORPORATION
Classified as profit organization - AHTC earnings shall be utilized to further fulfill social development programs and other services of ASKI.
iSynergies' main function is to provide and support business communities to meet information technological infrastructure requirements such as computer based management information and technical support.
ASKI EMPLOYEES CREDIT COOPERATIVE
ASKI Employees Credit Cooperative is a cooperative owned and managed by ASKI employees who have voluntarily joined together to achieve a common bond of interest.
ASKI SCHOOL OF KNOWLEDGE, INC.
ASKI School of Knowledge Incorporated's primary purpose is to provide formal learning education that will help develop the academic and social foundation of children.
ASKI Client Story
Lenieflor Ico of Bayombong, Nueva Vizcaya, together with her husband Danilo, dreamed of a better life for their three children. This dream propelled them to try different jobs like planting rice and vegetables in a rented farm, and making and selling charcoal. “We did jobs left and right so we could provide for the needs of our children. We sent them to school to give them a good start for a bright future,” says Lenie. Witnessing the couple’s struggles, Lenie’s sister who works in a bakeshop encouraged her to apply for a vacant position. Grabbing the opportunity to receive a regular monthly salary, Lenie became a baker’s assistant.
Baking from Experience
Lenie learned to bake different types of cake and icing candies while working at the bakeshop. She also learned about the different sales techniques and strategies associated with baked products and pastries.
Lenie resigned from her job at the bakeshop after 2 years. She set-up her own business to make and sell icing flower candies in 1990. With an amazingly small capital of P100 which she used to buy ingredients and packaging materials, Lenie began her life as a micro entrepreneur selling icing flower candies to school children.
Ingredients of a Successful Business
With 100% love and support from her husband, Lenie poured a cup full of patience and hard-work in her recipe. With good sales from schools, she expanded her market outlets to include sari-sari stores within her community. A year of business growth motivated Lenie to sell her products to neighboring municipalities Solano and Bambang. She hired five people whom she personally trained to help her fill the needs of her growing business.
Lenie uses her charm and networking skills to sell her icing candies and to retain customers. With more orders coming in, Lenie realized that she needed additional capital. “I feel that it is through God’s perfect timing that my mother-in-law introduced me to Alalay sa Kaunlaran, Inc. (ASKI) in 1997. I was able to get the much-needed additional capital from ASKI so I can expand my business,” shares Lenie. Lenie was very happy to have made the decision of joining AKP (Alalay sa Kabuhayan Program) – one of the loan programs of ASKI. With her initial loan of P5,000, Lenie bought more ingredients to make more icing candies.
I feel that it is through God’s perfect timing that my mother-in-law introduced me to Alalay sa Kaunlaran, Inc. (ASKI) in 1997. I was able to get the much-needed additional capital from ASKI so I can expand my business