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Alalay Sa Kaunlaran, Inc. (ASKI)


 

BWTP Member Profile:


Alalay Sa Kaunlaran, Inc. (ASKI)

Address: 105 Maharlika Road
City/Country: Cabanatuan City, Philippines
Contact Person: Rolando B. Victoria
Executive Director
Contact Number: (6344)600-0393
Fax Number: (6344)463-5780
Email Address: aski@mozcom.com
Website: www.aski.com.ph

MEMBER OVERVIEW

ASKI 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.

Mission: ASKI endeavors to:

  • Enhance spiritual life of our stakeholders through daily devotions, retreats and Christian enrichment activities.
  • Ensure economic security of our clients by providing financial services and technical expertise.
  • Link with domestic and foreign partners to realize community development programs and projects.
  • Develop talents and skills of the Board of Directors/Trustees, managers and employees.
  • Safeguard resources, well- being and prestige of ASKI.

 

OUTREACH (as of 2009)

Total Number of Clients Served       279,525
Total Number of Active Borrowers      41,451
Male                                               8,599
Female                                          32,852
Total Number of Active Depositors     18,344
Male                                  

   4,866

Female                                          13,478

PRODUCTS / SERVICES

Business Development and Support Service
Business Development and Support Service is an integrated delivery mechanism of non-financial services that aims to provide clients with the leverage, opportunity bases, and markets needed to make their business prosper.
    >Values Education Services
    >Livelihood Skills Development
    >Product Development Training
    >Marketing
    >Accounting, Auditing and Consultancy

Community Development
It is thru Community Development that ASKI reach out for our "partners", assisting them to address their community issues and finding means to improve their lives.

Microfinance
I. LOAN PRODUCTS
   a. Alalay Sa Kabuhayan Program (AKP) also known as Trust Bank Loan Program
   b. ASA Methodology
   c. Individual Lending Program (ILP)
   d. Small Market Vendors Lending Program
   e. Fully Secured Lending Program
   f. Agricultural Loan (Agri-Loan)
   g. Salary Loan

II. SAVINGS PRODUCTS
   a. Capital Build-Up (CBU)
   b. Emergency Fund (EF)

III. MICRO INSURANCE
     Mutual Aid Fund (MAF) 

FINANCIAL INFORMATION

(In US$)

Average Loan Balance per Borrower    

$206.68

Average Savings Balance per Saver    

$ 57.33

Total Assets                            

$15,667,850.76

Savings                                   

$2,978,098.59

Equity                                     

  $ 2,259,221.86

Gross Loan Portfolio                  

$9,607,310.22

Capital/Asset ratio           

14.40%

Debt to Equity ratio         

409.50%

Deposits to Loans          

  31.0%

Deposits to Total Assets   

19.00%

Return on Assets              

 5.0%

Return on Equity             

 36.3%

COMPARATIVE PORTFOLIO STATUS REPORT YR 2007-2009    

NEWS

ASKI Bags 2 Major Go SIPAG Awards 2009! 
Alalay Sa Kaunlaran (ASKI) Inc brought home two (2) of Go SIPAG AWARDS 2009’s major awards which was held at Diosdado Macapagal Hall, 10F Landbank Plaza, M.H. del Pilar cor. Quintos Sts., Malate, Manila on September 24, 2009.
 
ASKI MBA Renews License for 2009-2010 
ASKI Mutual Benefit Association (MBA) Inc. had received its 4th license to operate issued by the Insurance Commission (IC) on August 27,2009.
 
ASKI Receives an Acknowledgement Award from DRT! 
Alalay Sa Kaunlaran, (ASKI) Inc. received an acknowledgement award from the municipality of Dona Remedios Trinidad,  Bulacan as it celebrated its 32nd Founding Anniversary last September 14, 2009 with a theme: “Patuloy na Kaunlaran at Pagkakaisa sa Gitna ng mga Hamong Pandaigdig.”
 
ASKI Hosted Staff Incentives Scheme Training
September 2-4, 2009- ASKI, together with OI Australia and Australian Government (Aus Aid) conducted a three-day training entitled Designing Staff Incentives Schemes Workshop at the ASKI Training Hall, 2nd Floor New Building, Cabanatuan City.

Deliquency Management Training Conducted
ASKI, in partnership with OI Australia and Aus Aid came up with a Delinquency Management in Group Based-Lending Training held on September 2-4, 2009 at ASKI Training Hall, 3rd floor old building, Cabanatuan City.

PUBLICATIONS