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ASKI, Alalay sa Kaunlaran Sa Gitnang Luzon Inc. - Microfinance and business development for local entrepreneurs

ASKI, Alalay sa Kaunlaran Sa Gitnang Luzon Inc.

Microfinance and business development for local entrepreneurs

Philippines

Alalay Sa Kaunlaran Sa Gitnang Luzon Inc. (ASKI) is a microfinance institution providing financial services and training in a number of provinces in the northern Philippines.

Poverty is still a problem in the Philippines, especially in rural areas. At the same time, those earning low incomes are often micro and small entrepreneurs not served by commercial banks, which creates high demand for microfinance in the country.

ASKI offers a wide range of loan types: from group loans and individual loans to loans for particular activities such as agriculture. ASKI also offers savings products and micro-insurance.

For the most disadvantaged communities, ASKI provides community development programmes. Such programmes include the organization and development of communities, and capacity building programmes.

ASKI also provides business development training, including product development assistance, marketing training and consultancy.

ASKI has been an Oikocredit partner since 2003.

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