Opportunity International is proud to report that one of our implementing members in the Philippines, Alalay Sa Kaunlaran Sa Gitnang Luzon, Inc. (ASKI), was recently rewarded for their outstanding achievements by the National Livelihood Development Corporation (NLDC). The honorary award received by ASKI was part of the sixth annual SIPAG (Sustainable Income for People in Agrarian Grassroots) Awards, which started in 2006 to encourage and promote the best practices and achievements of NLDC’s partner microfinance institutions and microentrepreneurs. ASKI was awarded for the third time for being the most outstanding non-government organization (NGO) at the national level and the most outstanding NGO for Luzon.
Headquartered in Cabanatuan, Philippines, ASKI began operations in July 1987 as a non-profit development bank seeking to create opportunities for the economically disadvantaged through microfinance lending and savings services. The ASKI bank is one of the implementing members of the Opportunity International Global Microfinance Operations.
We are thrilled to announce that upon receiving the reputable award, the ASKI bank has decided to donate the money prize to victims of Typhoons Nesat and Nalgae, which hit the country several weeks ago. Generously giving, this socially minded development bank is fully committed to supporting local communities through their work.
This post was written by Will Rosenheimer, an intern in the Resource Development department. Will graduated from Colorado College in 2010 with a B.A. in International Political Economy.