Micro – Housing “TIGUM” Loan

It consists mainly of  loans to existing Microfinance “TIGUM” Loan clients and other low – income households:

  • It appropriately serves the housing needs of those who are unable to access traditional expensive housing finance.
  • It is a way to improve the living conditions of the enterprising poor and  low – income households which will contribute to better health, productivity and quality of life.

Purposes

  • House construction
  • House and/ or lot acquisition
  • Lot acquisition for housing/ business
  • Home improvements/ repairs

Product Features:

  • Very low interest rate
  • Very convenient as an assigned BDI personnel will come to you to collect payment regularly
  • Loanable amount up to Php 300,000
  • Optional loan term ranging between 6 months to 5 years depending on loan purpose
  • No hidden charges
  • Easy optional frequency of payment: daily, weekly, bi-monthly, and monthly
  • With a Savings Component feature encouraging clients to “ save for the rainy days ”

Client Eligibility Requirements:

  • Microentrepreneurs 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, Zamboanga Sibugay and Misamis
Occidental); and

  • 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