ASKI was officially registered with the Securities and Exchange Commission (SEC) on March 23, 1987 as a non-stock, non-profit organization committed to the promotion and development of micro and small-to-medium enterprises and the delivery of social services. It formally launched operations on July 1, 1987. From its starting fund of Php 460T, ASKI's investment has grown to a total portfolio of Php76M in 2004. From a small playing field in Cabanatuan City, ASKI has branched out into other provinces in Central Luzon and adjacent Regions I and II. From a handful of savings and loan services, ASKI's lines have diversified into a capital build-up and other cooperating arrangements.