Microfinance Program
The Microfinance Program provides loans for additional capital of existing livelihood activities. The loans enabled the borrowers to increase their capital, thereby increasing their profit. With their business becoming more stable, some have decided to expand.
The program has 10 branches, serving 13,060 clients. Recently, it started offering loan products to public market stall owners and parish workers and volunteers who are not members of the program.
LOAN PRODUCTS
Microfinance members and non-members may avail of the following loan products:
Microfinance Member
Products available exclusively for Microfinance members.
Production Loan
- Loanable Amount: PHP5,000-PHP20,000
- Purpose:
- Payment Duration: 3-6 months
- Frequency: Weekly
Multi-Purpose Loan
- May be used for
- Hospitalization
- Education
- House Repair
- Additional Capital for Business
- Payment Duration: 3-6 months
- Frequency: Weekly
Persons with Disability Loan
- Payment Duration: 3-6 months
- Frequency: Weekly
Special Loan Product
- Payment Duration: 3-6 months
- Frequency: Weekly
Public Market Stall Owners
Products for public market stall owners and vendors
Business Loan
- Graduating loanable amount of PHP7,000-PHP100,000
- Payment Duration: 2-3 months months
- Frequency: Daily (Mon-Sat)
Multi-Purpose Loan
- May be used for
- Hospitalization
- Education
- House Repair
- Additional Capital for Business
- Payment Duration: 2-3 months
- Frequency: Daily (Mon-Sat)
Parish Workers
Special loan window for parish workers and volunteers
Production Loan
- Payment Duration: 3-6 months
- Frequency: Weekly
Multi-Purpose Loan
- May be used for
- Hospitalization
- Education
- House Repair
- Additional Capital for Business
- Payment Duration: 3-6 months
- Frequency: Weekly
other services
We ensure that our Microfinance members receive all the support they need to grow their business as well as their faith.
MICROINSURANCE
We protect our members from financial loss and health-related emergency.
SSS PAYMENT FACILITATION
We collect and pay members’ SSS contribution.
TRADE FAIR
Members join the CCMF – Bikol Trade Fair 2020.
MENTORSHIP FOR TRADE FAIR
Microfinance members in a one-on-one coaching session with industry experts in preparation for Trade Fair 2020.
PRAYER GROUPS EVALUATION
Strengthening prayer groups among Microfinance centers through rigorous monitoring and evaluation.
FOOD PROCESSING KITS DISTRIBUTION
This project is under the Department of Trde and Industry Livelihood Seeding Program.
MEET A MICROFINANCE MEMBER
Sa pagnenegosyo sadiri mo an saimong oras. Si nakukua ko sa pagtitinda asin pagigibo nin kandila nakakatabang sa aroaldaw na gastuson asin kun may sobra, pwede man ikaag sa savings.
