Small General Loan is a product which is offered to a female entrepreneur only.  The core objective of this product is to empower women to improve their economic status and well-being.

The key features of this loan are:

  • The loan is for expansion of an existing business.
  • Helps underprivileged to overcome the dependency on moneylenders.
  • Develops a self-help mentality and self-employment capacity of entrepreneurs.
  • Makes the underprivileged communities self-reliant through involving in income generating activities.

Loan Ceiling (1st loan)

Php 7,000.00 – 40,000.00

Follow-on Loan

Up to Php 5,000.00

Insurance/loan processing fee

NIL

No. of Instalments

23

Loan duration/Period

Six months

Processing time for 1st loan

One week

Grace Period

One week

Age Limit

18 – 65 years old

Maximum loan limit

Php 40,000.00

In case of death of a relative living in the same house of the borrower, sickness and calamities

One week moratorium

Collateral requirement

Not required