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.
November 10, 2014
Stakeholders hail ASKI Global Limited financial inclusion efforts
ASKI Global Limited was exemplified for its financial inclusion efforts during the Asia Microfinance Forum held last August 4-8 at Shanghai, China.
In his keynote speech, Mr. Robert Annibale, global director of Citi Microfinance and Community Development, highlighted ASKI Global Ltd. as an exemplary organization with its continued efforts in engaging the migrant worker communities based in Singapore in financial inclusion activities.
Stakeholders from various sectors met during the forum to discuss and explore on innovative ideas, models and solutions that can help improve the lives of the hundreds of millions of people in Asia still living in poverty and without access to financial products and services. ASKI Global Ltd., as a supporting partner, also facilitated a panel session which examined issues related to leveraging remittances by a specific target market – the migrant workers.
The session was moderated by Professor Albert Teo of the National University of Singapore with the panel comprising of Dr. Nimal Fernando of The Foundation of Development Cooperation, Mr. Pedro Tigre De Vasconcelos of International Fund for Agricultural Development, Secretary Imelda Nicolas of Commission on Filipinos Overseas and Mr. Rolando B. Victoria of ASKI Philippines.
The challenge noted by the panel for microfinance institutions, commercial banks and government agencies is to develop the programmes, products and services to fill this demand. Members of the remittances panel were also able to present ideas and products that are already starting to impact remittance senders and their households in positive ways.
Meanwhile, Ms. Irma Cosico, Chief Executive Officer of ASKI Global Ltd., served as one of the panelists in a break- out session that focused on utilizing innovative approaches in advancing financial capabilities facilitated by Citi Foundation. Ms. Cosico emphasized the unique features of the ASKI Global financial inclusion model such as the back-to-back education of migrant workers in Singapore and their respective families in their home countries. She also highlighted the importance of providing access to financial products and services and financial information for the migrant workers.
Asia Microfinance Forum is one of the largest microfinance and financial inclusion events in Asia convened by the Banking with the Poor Network and organized by the Foundation for Development Cooperation in partnership with Citi Foundation and The China Association of Microfinance.