Micro Finance Loan

It is aimed to make available affordable credit to micro – entrepreneurs for business expansion. It focuses on micro – enterprises that generate regular, daily or weekly sales, as follows:

  •  Sari-Sari Store
  • Tindahan sa Merkado
  • Carenderia
  • Tailoring Shop
  • Repair Shop
  • Okay-Okay
  • Motorcab
  • Flower Shop
  • Arts & Signs
  • Personal Services (parlor o barber shop uguban pa)
  • Uban pang negosyo

Product Features:

  • Very low interest rate
  • Very convenient as an assigned BDI personnel will come to you to collect payment regularly
  • Optional loan term ranging between 30 to 180 days
  • No hidden charges
  • Optional frequency of payment:  daily, weekly, bi-monthly, and monthly
  • Loanable Amount Minimum: Php 3,000.00
  • Loanable Amount Maximum: Php 150,000.00
  • With a Savings Component feature encouraging clients to “ save for the rainy days ”

Client Eligibility Requirements:

  • Micro-entrepreneurs between 21 to 62 years old:
  • In business for at least 1 year.
  • Residences and places of business are located within BDI service areas.

(Provinces of Zamboanga del Norte, Zamboanga del Sur, ZamboangaSibugay and Misamis Occidental)

  • Of good health.

Documentary Requirements:

  • Business Permit/ Barangay Business Permit
  • Community Tax Certificate
  • 3 pcs. 2” X 2”   Latest ID Pictures
  • At least 1 valid Identification Cards
  • Any Proof of Billing
  • Two (2) Co-Makers

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