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