Microfinance loans
MICRO GROUPING
Loans granted to the poor and low-income households for their microenterprises and small business
Objectives
- To help enterprising individuals improve their business through access of additional working capital.
- Expand outreach to the marginalized sector by increasing the number of target beneficiaries, particularly micro-entrepreneurial poor women.
- Train field workers and orient local officials, especially the barangay leaders, in microfinance principles and practices to generate their interest and support to the program.
- To aggressively engage the program beneficiaries in training and value formation to instill in them the micro-lending spirit and elicit their enthusiasm and cooperation for the success of the program.
- To pursue the sustainability of the program through an expanded outreach and continued strength and viability of RBP and the micro-lending program
The maximum principal amount of microfinance loans shall not exceed P135,000.00 this is equivalent to the maximum capitalization of a microenterprise under R.A. No. 8425
enhanced micro
E-Micro is designed to individual borrowers which will serve as additional capital to enhance and finance exist
Objectives
- To extend bank services in the community to the qualified businessmen/women increase their existing capital in order to prosper their business.
- To give opportunity to the deserving target bank clients to start another business and expand their existing business to improve living condition by instilling credit discipline.
- To answer the needs of the qualified target clients to avail loan as an individual borrower who don’t have enough time to attend group formations.
micro plus
MICRO+ borrowers will qualify on this product shall have a track record of at least two microfinance loan.
Objectives
- To extend bank services in the community to the qualified businessmen/women increase their existing capital in order to prosper their business.
- To give opportunity to the deserving target bank clients to start another business and expand their existing business to improve living condition by instilling credit discipline.
- To answer the needs of the qualified target clients to avail loan as an individual borrower who don’t have enough time to attend group formations.
Contact Us:
Main Office: (054) 875 5618 / (+63) 998 982 1470Daet Branch: (054) 440 0782 / (+63) 998 589 6801Labo Branch: (054) 585 2026 / (+63) 939 927 1760Corporate Office: (054) 875 5617 / (+63) 919 912 6792J.Panganiban Branch Lite: (054) 721 0543 / (+63) 998 589 6779Calauag (Quezon) Branch Lite: (042) 784 0878 / (+63) 998 592 4769Tagkawayan (Quezon) Branch Lite: (042) 784 0880 / (+63) 998 589 6788
For client concerns, feedback or complaints, you may also visit us at:
(RBP) Rural Bank of Paracale BuildingSan Antonio St., Poblacion Norte, Paracale Camarines Norte
