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History

ASKI the organization was born in October 1986 in the year of the EDSA People Power Revolution when social
issues like poverty and unemployment were widely felt. A group of business leaders in Nueva Ecija, out of
Christian zeal and compassion, joined hands to think of a positive response to the issues and help deliver an
economic turnaround - micro-enterprise.

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. From its starting
fund of Php 460T, ASKI's investment has grown to a total portfolio of Php76M in 2004. From a small playing
field in Cabanatuan City, ASKI has branched out into other provinces in Central Luzon and adjacent Regions I
and II. From a handful of savings and loan services, ASKI's lines have diversified into a capital build-up and other
cooperating arrangements.

They chose to start small and right at home in Cabanatuan City. With a small capital of investment of Php 460,000
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. Challenged by their mission
and the efforts of other development NGOs, the founders and managers dug deep and wide on their routes of
service. Slowly, the organization grew into what it is today, a byword in eco-social development in Central Luzon
and nearby regions - Alalay sa Kaunlaran - a partner in development.

ASKI attributes its success to a values-oriented philosophy on entrepreneurial lending, believing that no Return
on Equity can be realized without an informed, responsible and conscientious clientele. For ASKI's loan portfolio
in complemented by support services like values training, social preparation, community organizing, institution
building and financial management. ASKI today goes on, inspired by the confidence that the strength of any
country lies in a strong middle class that can only come about by putting into the hands of the micro entrepreneur
what he needs to become a macro.

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Our Vision
A global development organization committed to Holistic transformation.

Our Mission
To promote socio-economic development through client-focused financial and non-financial services anchored on
Christian principles.

Our Logo
ASKI's logo immediately tells us that Christian values animate the organization: the world appears to be held by
two encompassing hands and overlaid by a cross. In ASKI's own words: "two open palms anchoring a globe and a
tall cross standing in the middle of them" inspired by ASKI's ambition to reach out the world while tugging the
sleeve, or conscience, of the world so that its rich nations could aid poor in the Philippines.

Putting to heart the biblical passage, "Without a vision, man shall perish," (Proverbs 29:18), the members of the
initially thought of their work as a way of providing the conditions for indigent people to attain dignity through
the provision of food on their table and shelter above their head. They inteded to do these by providing initial
capital and training the poor to be entrepreneurs, so that small the initial capital may be, with work their income
would grow.

Our Core Values


God-centeredness
Committed to serve the needy
Humility
Respect
Integrity
Stewardship
Transformation

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