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Bulk of Asialink Loans Support MSMEs
The Philippine Star
|February 15, 2025
More than two-thirds of Asialink Finance Corp.'s P15.54 billion disbursed loans last year were geared toward supporting micro, small and medium enterprises (MSMEs) in the country.
In a statement, Asialink president and CEO Sam Cariño said that 77 percent of loans provided by the company in 2024 were directed toward supporting MSMEs.
"With over 20 years of expertise in finance, we remain committed to delivering accessible and adaptable loan solutions that meet the evolving needs of our clients. Our mission to drive economic growth is rooted in recognizing the vital role of MSMEs in job creation and national progress. Through a wide array of financial support and capital, we aim to help businesses grow and thrive," Cariño said.
Asialink has developed diverse loan products that empower businesses and entrepreneurs, driven by the challenge of limited access to financing, which has hindered the growth of many MSMEs.
This story is from the February 15, 2025 edition of The Philippine Star.
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