Microfinance
KABUHAYAN
KAunlaransa BUhay HAngo sa YAman ng Negosyo is a group loan product for micro-enterprise using the modified Grameen methodology. It aims to make available affordable credit to micro-entrepreneurs, helping them to expand their present business activities and increase their incomes. It focuses on micro enterprise that generates regular business income.
Purpose of Loan
- For additional working capital.
Terms and Conditions
- Maximum Loan Term – 6 Months
- Maximum Loanable Amount – P 150,000.00
KABALIKAT
KAagapay ang BAngko sa Lumalagong Industriya at KAbuhayan ng Taong Bayan is an individual loan product for micro-enterprise. It aims to make affordable credit to micro-entrepreneurs to help them expand their present business activities and increase their incomes. It focuses on micro-enterprises that generate regular cash flow.
Purpose of Loan
- Loan extended to any entrepreneur for “additonal working capital”
Terms and Conditions
- Maximum Loan Term – 6 Months
- Maximum Loanable Amount – P 300,000.00
GADGET Loan
An incentive is given to microfinance clients with good credit standing, such as giving rebates to interest and longer-term on loans
Purpose of Loan
- To provide incentive loan to micro finance clients who stayed with the bank for at least (7) months and with good credit standing.
Terms and Conditions
- Term of Loan
- Maximum – 8 Months
- Minimum – 1 Month
- Loanable Amount
- Maximum – P 30,000.00
- Minimum – P 1,000.00
General Purpose Loan
An incentive loan for good performing clients of RBGI under Microfinance Program.
Purpose of Loan
- Caters to other financial needs of clients, as a medical, educational, asset acquisition.
Terms of Conditions
- Maximum Loan Term – 6 months
- Maximum Loanable Amount – P 20,000.00