Microfinance Loans

MF-SIKAP LOAN

Primarily intended for working and business capital of clients such as purchase of equipment and assets for use in the business, buying of raw materials, purchase of office supplies, etc. Members can borrow from Php2,000.00 to Php150,000.00 (Cycle Based).

MF-SIKAP ADDITIONAL LOAN

Realizing that during the implementation of the members’ businesses being funded by the SIKAP Loan, there are situations concerning their business implementation that require additional cash as working capital or additional funds to smoothen the cash flow and over-all business implementation. The MF-SIKAP Additional Loan seeks to ensure that the business implementation of the members will not be affected by lack of cash or capital. Php2,000.00 – Php20,000.00 (Cycle Based)

MF-SIKAP MSB LOAN

The MF-SIKAP MSB Loan seeks to make cash and capital available to excellent savers of CARD SME BANK, INC. in the fastest way possible and at the least cost possible on the part of the borrowers for them to start a business or enterprises. It also seeks to inculcate to the savers the value of high credit discipline as well as the value of peer support from the group or center. This product also aims to continuously support the microfinance program as a poverty eradication tool in the Philippines. Loanable Amount is from Php3,000.00 to Php150,000.00 (Cycle Based). Mode of Payment is either weekly or semi-monthly.

MF-MICRO-AGRI Loan

The MF-Micro-Agri Loan seeks to assist the clients of CARD SME BANK, INC. to have access to microfinance loans that they can use in implementing agricultural and other agriculture related business. Loanable Amount is from Php2,000.00 to Php150,000.00 (Cycle Based). Mode of payment is weekly or semi-monthly.

MF-MICRO-HOUSING Loan

MF-Micro-Housing Loan product seeks to assist the microfinance clients of CARD SME BANK, INC. to improve their houses and have comfortable living. Loanable amount is from Php5,000.00 to Php150,000.00 (Cycle Based). Mode of payment is weekly equal amortizations.

Other Loan Products

EDUCATIONAL LOAN

The OL-Educational Loan is a product that intends to assist those members who have school age children but needs financial assistance to send them to school.

  • 1. OL-EDUCATIONAL LOAN I – High School and College

    This loan shall be used in all educational loan granted to clients for the purpose of supporting client’s children in High School and College Level.

    Loanable Amount:
    Php 3,000.00 – Php 5,000.00 (High School)
    Php 1,500.00 – Php 10,000.00 (College)
    Manner of Payment:
    Weekly Amortization
  • 2. OL-EDUCATIONAL LOAN II – Elementary (ZeDrES)

    This loan shall and only be exclusive for clients with children of dependents in Pre-school and Elementary Level (Daycare/Kinder, Prep, and Grades 1 to 6).

    Loanable Amount:
    Php 1,500.00 – Php 3,000.00
    Manner of Payment:
    Weekly Amortization
HEALTH LOAN

Realizing that the sickness and other health problems, being experienced by the microfinance clients and borrowers and their house hold members, remained to be one of the biggest threats in maintaining high portfolio quality in the microfinance operations, CAD SME BANK initiated partnership with PhilHealth and SSS in order to ensure access of the services of Philhealth and SSS to CARD SME clients and their families through ffacilitating payments and documentary requirements.

  • 1. OL-HEALTH LOAN – PHILHEALTH

    OL-Health Loan Philhealth is a loan provided to members intended for paying their Philhealth contribution for their one year hospitalization coverage and benefits.

    Loanable Amount:
    Php 1,200.00
    Manner of Payment:
    Weekly Amortization
  • 2. OL- HEALTH LOAN – SSS PREMIUM

    The OL-SSS Premium Loan is intended for CARD SME BANK members and savers who want to avail services of SSS for their future retirement. CARD SME BANK provides OL-SSS Premium Loan to all qualified members amounting to maximum of 6 months premium payment for the members.

    Loanable Amount:
    Php 1,872.00
    Manner of Payment:
    Weekly Amortization
OL-MOBILE PHONE/CELLPHONE LOAN

In the continuous effort of CARD SME BANK, INC. towards assisting our clients and in further support to our Mobile Financial Services (MFS) project, mobile phone/cellphone loan shall be offered to all qualified clients. Loan shall be used in acquiring mobile phone/cellphone unit.

Loanable Amount:
Php 1,000.00 – Php 5,000.00
Manner of Payment:
Weekly Amortization

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