Microfinance Loans
When life doesn't go according to your plans, it's good to have something you can rely on to help with your financial needs. Our microfinance loan product is specifically designed for unemployed or low-income individuals or groups who don't have access to other financial services.
Product Features
This loan facility is meant for groups with not lower than five (5) members.
In this loan program, if a member becomes incapable of settling the loan fees due to unforeseen circumstances, all the other members are required to fill in the incurred gap to complete the fee.
Loanable Amount: Dependent on each member’s financial capacity, capability of complying with the requirements, and the total deposit savings of all the members.
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- At least 18 to 65 years old at the end of loan term
- With regular source of income, either daily or weekly
- In the right state of mind and sound body
- Staying for at least one (1) year in current residence
- Interested in growing his/her savings deposit for the future financial stability
- Proof of Identity
a. Any Valid ID
b. 2x2 ID Picture
c. Community Tax Certificate (CTC)
d. Barangay Clearance - Accomplished Loan Application Form