To ensure that the poorest of the Filipino have access to financial services, CARD MRI RIZAL BANK, Inc. offers microfinance loans for clients who engage in livelihood activities, enterprises, or business.
We offer microfinance loans for clients who engage in livelihood activities, enterprises, or business.
MF - Sikap 1
- For business or enterprises of the microfinance clients
- Initial loan amount : up to Php20,000
- Maximum Loan Amount : Php150,000
MF - Sikap 1 GLIP
- For existing clients who are 70 to 75 years old who are enrolled in Golden Life Insurance Program (GLIP)
- To assist business or enterprises of GLIP members
- Loan amount: up to Php 50,000
MF - Sikap 1 GLIP Plus
- For existing clients who are more than 75 years old who are enrolled in Golden Life Insurance Program (GLIP)
- For mircro business enterprises
- Loan amount: up to Php 10,000
MF - Microfinance Plus
- For existing microfinance clients who have availed at least two microfinance loans ranging from Php50,000 to Php150,000
- For working and business capital
- Loan amount: Php150,001 to Php300,000
MF - Micro Housing
- Intended for house improvement, repair or renovation
- Loan amount: up to Php500,000
MF - Micro Agri Loan
- Can be used in implementing agricultural and other agriculture related businesses
- Loan amount: up to Php150,000
MF - Micro Agri GLIP
- For existing clients who are 70 to 75 years old and enrolled in the GLIP with Agriculture Business
- Loan amount: up to Php50,000
MF - Micro Agri GLIP Plus
- For existing clients who are more than 75 years old and enrolled in the GLIP with Agriculture Business
- Loan amount: up to Php10,000
MF - Special Agri Loan Program
- To provide the financial needs for working capital or fixed assets of the farm or related expenses
- Loan amount: up to Php300,000
MF - Kabuhayan Loan
- For small entrepreneurs need loan facility to support their expanding business operations
- Loan amount: up to Php300,000
MF - Special Liquidity Fund
- Aims to support the liquidity of qualified konek2CARD Agent
- Loan amount: up to Php150,000
For microfinance clients who have demonstrated the potentials to develop their businesses even further, CARD MRI RIZAL BANK offers SME loans to prepare them for their plans of expansion. Loans under this category are called SME-Working Capital and SME-Investment.
- For microfinance clients who need a working capital more than Php300,000
- Working Capital
- Investment Loan
- Loan amount: up to Php5,000,000
CARD MRI RIZAL BANK also makes other loans available for microfinance clients to respond to their other needs. These are individual, educational, health and cellphone loans.
OL - Educational Loan
- For clients who are needing financial assistance in sending their children to school
- Loan amount
- Elementary/ZEDRES: up to Php5,000
- Highschool: up to Php10,000
- Senior High School/ College : up to Php20,000
OL - Personal Loan
- Providing flexible financial assistance for existing members personal consumption.
- Loan amount : up to Php20,000
OL - Personal GLIP Loan
- Providing flexible financial assistance for GLIP members personal consumption.
- Loan amount : up to Php20,000
OL - Cellphone Loan
- Offered to microfinance clients for the purpose of acquiring mobile phone/cellphone unit to support the bank’s implementation of its mobile financial services.
- Loan amount : up to Php10,000
OL - Padala Now, Pay Later
- Can be utilized to send money through CARD Sulit Padala which they can pay later based on their chosen term.
- Loan amount : up to Php10,000
OL - Home Essentials Loan
- Offered to microfinance clients for the purpose of acquiring home appliances, furniture, gadgets, solar products, among others.
- Loan amount : up to Php50,000
OL - Home Essentials GLIP Loan
- Offered to GLIP members for the purpose of acquiring home appliances, furniture, gadgets, solar products, among others.
- Loan amount : up to Php50,000
Health Loan
- Intended for paying the following:
- SSS Premium
- PhilHealth Premium
- Insurance Premium
- Laboratory Fees