The Alalay Sa Kabuhayan Plan or AKaP is the insurance on the life of a debtor in connection with a specific loan to provide payment equivalent to the insured loan amount.
The Alalay sa Pamilya Plan or ASaP is the basic benefit insurance of the members of ASKI MBA.
About Us
True to its vision of a transformed and progressive community, Alalay Sa Kaunlaran Inc. (ASKI) joined other microfinance institutions (MFIs) in organizing the RIMANSI MI - MBA Association of the Philippines, Inc., an institution that would help MFIs in setting-up their own mutual benefit associations. Thus, through the help of RIMANSI MI -MBA and CARD Mutual Benefit Association, the first MBA emanating from an MFI, Alalay sa Kaunlaran Inc. Mutual Benefit Association (ASKI MBA) was born.

Alalay sa Kaunlaran (ASKI) Mutual Benefit Association, Inc. was registered with the Securities and Exchange Commission (SEC) as a nonstock, not-for-profit association on June 21, 2006. It was granted a license by the Insurance Commission (IC) on October 5, 2006 to engage as a mutual benefit association that extends benefits and services for the welfare and financial security of its members and their families in the form of death benefits and ensuring continued access to benefits and resources. The Association actively involves the members in the direct management of the Association including the implementation of policies and procedures geared towards sustainability and improved services.
News and Events
Annual General Meeting 2017
ASKI MBA held its Annual General Assembly Meeting on March 10, 2017 at the Talavera Agricultural and Social Enterprise Training Center (TASETC) located at Brgy. Sampaloc, Talavera, Nueva Ecija. It was attended by 117 participants from different provinces in Regions I, II, and III, covering the areas of operation of ASKI MBA. Read more >>
Highlights of Operation
As of September 30, 2018
No. of Members
No. of Insured Lives
No. of Claims Paid
Amount of Claims Paid
Php. 13.28M
Guaranty Fund
Php. 63.5M
Operating Expense Ratio
18.99 %
Awarding of Claims
Mrs. Dacumos became a client of ASKI on July 11, 2014 with initial loan amount of Php.10, 000. Her business is a Sari Sari Store and she has a Piggery. Read more >>
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