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Bulk of Asialink loans support MSMEs


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  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.

The article from MSN discusses how Asialink Finance Corp. has primarily focused its lending activities on supporting micro, small, and medium enterprises (MSMEs) in the Philippines. According to the report, a significant portion of Asialink's loan portfolio is dedicated to these businesses, which are crucial for economic growth and job creation. The loans provided by Asialink help MSMEs with working capital, equipment financing, and other operational needs, thereby fostering entrepreneurship and economic resilience. The article highlights that this focus on MSMEs not only aids in their expansion but also contributes to the broader economic development by enhancing the financial inclusion of smaller businesses.

Read the Full MSN Article at:
[ https://www.msn.com/en-ph/money/economy/bulk-of-asialink-loans-support-msmes/ar-AA1z4haK ]

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