Microcredit

Edited

BUSINESS LOAN PRODUCTS

SIKAP 1

This loan is primarily for working and project capital of clients that can generate weekly income.

SMALL BUSINESS LOAN

Small Business Loan (SBL) is developed with a view to assist the micro-entrepreneurs  and support the micro-enterprise of rural, semi rural and city areas. Small Business Loan  (SBL) has a direct impact on employment creation and the production process.

AGRI-MICROFINANCE PROGRAM

This loan is granted to finance agricultural production and related activities such as acquisition of farm equipment and machinery,  establishment and operation of poultry and farming, livestock, fishery products, crops,  fruits and vegetables production, seedlings and ornamental plants production.

SUPPLEMENTAL LOAN PRODUCTS

SIKAP 2

This loan is offered to clients with existing projects requiring additional cash flow for their business operations. This ensures that the project implementation of the clients will not be affected by lack of cash, capital or assistance.

HOME IMPROVEMENT LOAN

The housing loan is offered to clients who have been consistent in their 100% repayment rate with at least 90% attendance rate in the most recent two years of membership. Other requirements to be considered are the following: household capacity to pay weekly amortization, has an existing SIKAP-1 or any business loans, not a member of other MFIs, and has a commendable behavior during center meetings.

EDUCATIONAL LOAN (High School and College)

This loan product is primarily designed to offer opportunities to the clients in supporting their children and relatives by helping them through provision of affordable educational loan assistance.  A clients who have relatives (brother, sister, nephew, niece, grandson or granddaughter) living with the same household and under his/her direct custody are also qualified to avail the educational loan.

EDUCATIONAL LOAN (Elementary-Zero Drop-Out Educational Scheme)

The loan product is primarily designed to offer  opportunities to the clients in very poor communities and with children in the elementary grade (enrolled and/or not enrolled but are willing to go back to school).

SOLAR

In order to respond to the needs and interest expressed by clients in rural areas this  product was developed to provide comfort for the families in the community by providing affordable Solar Products.

INSURANCE PREMIUM

CARD, Inc. through CaMIA, the microinsurance agent arm of CARD MRI, offered the Sagip Plan, CARD Care and Funeral Care to further provide assurance to it’s clients, their families and their communities in times of uncertainties. Clients can buy these insurance products through a loan from CARD, Inc.

SSS PREMIUM

 This is intended only to CARD, Inc. clients who wanted and are willing to avail the SSS services and other benefits.

PhilHealth PREMIUM

In order to ensure that clients will be covered by health insurance, CARD, Inc. offers assistance to pay PhilHealth premium at affordable rate. This is open to clients who are willing to enroll and who are not yet PhilHealth clients or dependents.


Microinsurance

By partnering with CARD Mutual Benefit Association, Inc. (CARD MBA, Inc.), our members are insured in times of uncertainties. CARD, Inc. members, being a part of CARD Mutually Reinforcing Institutions, are automatically enrolled in the service. Our members pay an affordable amount of premium for the microinsurance that when in times of sudden and unforeseen events such as accident, death, or disability, our members can claim financial assistance from the association.


Credit with Education

Through this program, CARD, Inc. members are trained in topics about health, business, CARD MRI’s products and services, microinsurance, disaster preparedness, and credit discipline by the CARD-MRI Development Institute, Inc. (CMDI).


Community Development

As we aim to provide our members and their families with every social need, we collaborate with similar organizations and individuals that share the same development goals. We also contribute to the communities we serve through health, livelihood, environment, and educational programs.


Remittance

CARD Sulit Padala

An in-house domestic remittance service where clients can enjoy sending money through CARD, Inc. Area Offices and received by their loved ones in selected CARD, Inc. Offices or in any CARD SME Bank, CARD Bank and CARD MRI Rizal Bank Inc. branches nationwide.

Here’s the list of CARD, Inc. offices offering CARD Sulit Padala:

  • CARD Inc. Head Office San Pablo City Laguna
  • Balayan, Batangas
  • Baler, Aurora
  • San Francisco, Agusan Del Sur
  • Bislig, Surigao Del Sur
  • Carmen, Cebu
  • Naga, Cebu
  • Taft, Samar
  • Allen, Samar
  • Calbayog, Samar
  • San Carlos, Negros Oriental
  • Cauayan, Negros Occidental
  • Bacolod, Negros Occidental
  • Puerto Princesa, Palawan
  • Coron, Palawan
  • Tarlac City, Tarlac
  • Cabanatuan, Nueva Ecija
  • San Nicoloas, Ilocos Norte
  • Solsona, Ilocos Norte
  • Isulan, Sultan Kudarat
  • Lebak, Sultan Kudarat
  • Valencia, Bukidnon
  • Cotabato City, Cotabato
  • Tagbilaran, Bohol
  • Jagna, Bohol
  • Carmen, Bohol
  • Talibon, Bohol
  • Ubay, Bohol
  • Cebu City, Cebu
  • Dalaguete, Cebu
  • Bantayan, Cebu
  • Bogo, Cebu
  • Odiongan, Romblon
  • Cubao, Quezon City
  • Siaton, Negros Oriental
  • Dumaguete, Negros Oriental
  • Manjuyod, Negros Oriental