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ASKI NEWSLETTER ASKI, BSP, LikeCash launch BaryaCard Mobile App

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aryaCard, a mobile platform and application that easily allows change (“barya”) to be converted to savings, was launched by ASKI, through the ASKI Multipurpose Cooperative, and BSP (Bangko Sentral ng Pilipinas) last May 24 at Talavera, Nueva Ecija. The app BaryaCard can be used when a customer buys products at a store and will request to the cashier to “save the change” from the cash handed over for the purchase. The barya is deposited into a bank account and can be kept as savings or used for future purchases. BaryaCard eliminates the problem of coins being stored away and forgotten, disregarded, or lost, making money 100% efficient. BSP Cabanatuan Branch Deputy Director Meru B. Barbero, the keynote speaker of the event, lauded the availability of BaryaCard to ASKI members as the undertaking would “encourage Marias and Juans to access financial services, have bank accounts, make payments, receive or transfer funds”. He also said that BaryaCard “will indeed spark the saving spirit of Nueva

ASKI Multipurpose Cooperative General Manager Jasper Santos discussing the use and benefits of BaryaCard during the launching event at Talavera, Nueva Ecija.

Ecijanos and will surely help boost the local economy.” In his message, ASKI President and CEO Rolando B. Victoria further explained the benefits of the technology such as: easy to save for next buys and being able to set savings goals and manage money easily. For cooperatives and financial institutions: future revenues assured since the barya saved will be spent in the same stores, more savings accounts, loan releases and collections will be more efficient, and no system or

maintenance cost. LikeCash Asia & the Pacific Corporation, a financial technology company, is the developer and licensor of BaryaCard. BaryaCard is among several applications LikeCash has developed for financial institutions, cooperatives, retailers, merchants and other enterprises, LGUs and other organizations that deal with large volumes of cash. LikeCash and ASKI collaborated to tailor BaryaCard to the specific needs of ASKI.#

ASKI Foundation, Smile Asia hold free ops to cleft lip, palate patients

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SKI Foundation, Inc. in partnership with Smile Asia provided free surgical operations to persons with cleft lip and cleft palate last June 23-27 held at Paulino J. Garcia Memorial Research and Medical Center, Cabanatuan City. More than 40 patients were screened for the surgical mission and 24 from them were successfully operated. The other individuals that underwent to the screening did not undergo operations due to other health issues such as

Persons with cleft lip and palate during the screening process before the free surgical operation.

pneumonia fever and cough that needed to be cured before proceeding to surgical procedure. Prior to the conduct of the activity,

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ASKI Foundation invited about 50 people from different communities to benefit from the project. Aside from free

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The Official Publication of ASKI Group of Companies, Inc. Volume 8 | Issue 2

April - June 2019


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surgery operation, the patients were also provided free transportation and meal allowances. Smile Asia is a global alliance of

independent charities working together to treat facial deformities like cleft lip and cleft palate. The organization delivers free surgical care through

medical missions and outreach centers across 20 countries.#

ASKI communities get livelihood from CIF project

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hree selected communities in Aurora and one in Nueva Ecija received livelihood projects through the second phase of ASKI-OI Australia Community Impact Fund (CIF) – Community Development Projects. Brgy. San Isidro and Real in San Luis, Aurora were given incubator and other materials needed for balut and red egg business and mushroom production business, respectively, while Brgy. Pingit in Baler, Aurora were provided with sewing machines (tailoring shop). The inauguration and turnover ceremonies of the projects were conducted last June 20 in the respective areas. ASKI members in Brgy. Bagong Sikat, Cabanatuan City, Nueva Ecija were also granted with sewing machines and other tailoring materials and the turnover ceremony will be held in August. The beneficiaries of the livelihood projects were organized group of ASKI clients. Should the business become profitable, the groups are encouraged to welcome non-ASKI clients to benefit from the projects. Prior to the provision of the projects, series of focus group discussions (FGDs) with the members of the selected beneficiaries-communities were facilitated by ASKI project management group. The FGDs were succeeded by training of beneficiaries on organizational leadership and basics of financial education and entrepreneurship and workshop on crafting the center’s policy, business plan and election of officers. The project cost amounted to about P370,000 while the counterpart of the beneficiaries is worth roughly P100,000 that includes labor costs, raw materials for red egg and mushroom production and additional materials for dressmaking.#

Men at Work multipurpose cooperative store begins construction ASKI Foundation and Wholistic Transformation and Resource Center (WTRC) held the ground breaking ceremony of the Men at Work Program (MAW) Multipurpose Store last May 14 at Brgy. Kalikid Norte, Cabanatuan City. The income generating project will benefit the member of MAW people’s organization and sustain the MAW program even without the direct supervision of ASKI Foundation. They will undergo capacity building activities, set up Men at Work consumer cooperative and replicate the store in all areas covered by men at work program.

Present during the ground breaking ceremony were WTRC Founder Mr. David Bussau, Executive Director Atty. Rowena Mendoza and Andrew Sypkes, one of the project’s donor and ASKI Foundation Board of Trustees Ms. Cresenciana Victoria and Ms. Vivien De Guzman headed by President Mrs. Maria L. Calling.

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ASKI Skills and Knowledge Institute, Inc. Senior High School produced new K-12 curriculum graduates last April 5. The 2nd Commencement Exercises and Recognition was themed “Unity and Diversity: Quality Education for all” and graced by Ms. Rowena M. Castillo, Ph.D.,Education Program for Private Schools - DepEd Region 3,who served as the guest speaker. The 82 graduates were composed of 53 girls and 29 boys; Home Economics (59), ICT (19) and ABM (4).

The ASKI Mutual Benefit Association (MBA) Board of Trustees together with key officials and staff of the ASKI Group of Companies, Inc. as well as guests during the groundbreaking and lowering of capsule for the construction of the three-storey building of the ASKI MBA last April 8. The building will stand along Maharlika Highway in Cabanatuan City adjacent to the ASKI Headquarters. The ASKI MBA is one of the strategic business units of the ASKI Group of Companies, Inc. under the leadership of Ms. Emeteria F. Quijano.

ASKI Group of Companies, Inc. President and CEO Rolando B. Victoria together with (from L-R) Agricultural and Credit Policy Council Executive Director Jocelyn Badiola, APRACA Centrab Managing Director Lecira V. Juarez and Agriculture Secretary Emmanuel “Manny” Pinol during the regional policy forum on ‘Establishing Resilience against Climatic Shocks: Role of Financial Institutions’ held at the Rose Garden Hotel in Tokyo, Japan last June 6-7.

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Human Resource & Admin Dept. Updates Statistics as of June 30, 2019 Overall Total Number of Employees: 1012 ASKI Group of Companies, Inc. Alalay sa Kaunlaran Microfinance Social Dev’t Inc. ASKI Mutual Benefit Association, Inc. ASKI Multipurpose Cooperative ASKI Skills and Knowledge Institute, Inc. ASKI School of Knowledge, Inc. ASKI Foundation, Inc. ASKI Global, Ltd. Alalay Holding and Trading Corporation ASKI Employees Credit Cooperative i-Synergies, Inc. St. Jude Travel and Tours LOLC-ASKI Finance Inc.

106 767 19 18 28 6 24 1 6 4 13 2 18

Microfinance Highlights Figures as of June 30, 2019 Total Outreach: 117,239 Branches: 85 Areas of Coverage: Regions 1, 2 and 3 --Provinces 16 --Towns 253 --Barangays 3,612 --Centers 3,152 --Groups 6,371 Total Loan Portfolio: Php 1,819,883,990.70 Total Assets: Php 2,194,375,449.55

MAY KOMENTO, TANONG O SUHESTIYON KA BA? Komento Mo, I-text Mo GLOBE and TM: 0906 490 1081 SMART and TNT: 0999 885 2174 SUN CELLULAR: 0932 845 1897

ASKI Newsletter Editorial Board Editorial Consultant: Rolando Victoria Editor-in-Chief: Erwin Embuscado Managing Editor/Layout Artist: Mark Lyndon Antaran Staff members: Julie Ann Reyes, Jaynard Bate

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ASKI Newsletter is produced quarterly by the Resource Mobilization and Corporate Communications Department of ASKI Group of Companies, Inc. 105 Maharlika Highway, Cabanatuan City, Nueva Ecija, Philippines. For your comments and suggestions,you can email us at info@aski.com.ph.

Profile for ASKI Group of Companies, Inc.

ASKI e-Newsletter April-June 2019  

ASKI e-Newsletter April-June 2019  

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