Our loan products
We share the vision of Professor Mohammed Yunus (Founder of Grameen Bank & Nobel Laureate), which is rooted in the belief that credit is a fundamental human right. Impoverished people are capable of managing their own financial affairs and can lift themselves out of poverty if given the opportunity and resources.
Microfinance (MFL) | Microenterprise (MEL) | Small & Medium Enterprise (SME) | |
|---|---|---|---|
Target | Designed for community-based enterprises to increase the ability to generate income for households. | Provides access to resources that build confidence in entrepreneurs to sustain business growth. | Allows additional capitalization to be more accessible to small to medium enterprise owners that have the capacity to create more jobs. |
Principal Amount | 10,000 to 29,999 | 30,000 to 149,999 | 150,000 to 300,000 |
Processing Fee | 3% of Loan Amount | 3% of Loan Amount | 3% of Loan Amount |
Loan Term | 12 to 24 weeks | 3 months to 12 months | 3 months to 12 months |
Interest Rate | 3% per month | 3% per month | 3% per month |
Mode of Payment | Weekly | Weekly | Weekly |
Savings
Compulsary capital build up (CCBU)
Mandatory – serves as a holdout guarantee for the outstanding loan and as a reserves fund for use as additional business capital.
Personal savings (PS)
Voluntary – designed to promote saving for the future to meet emergencies and other needs.
Insurances
Alalay sa buhay (ASB)
Life insurance
Mandatory – beneficiaries receive full coverage for a whole year.
Creditors group life (CGL)
Loan insurance
Mandatory – In the event of a member’s untimely death, Country Bankers life assumes 100% loan repayment.
Minimum requirements
Additionally for MEL and SME loans:
For small Filippino entrepreneurs:
Do You Want to Make a Lasting Impact Through Microfinance?
Your donation helps impoverished families grow their small businesses, supports farmers, and open more eco-friendly stores to fight plastic pollution. Let’s combat poverty and create sustainable change while protecting the environment.
Non-Financial Services
Beyond financial support, we empower entrepreneurs with skills, knowledge, and guidance to strengthen their businesses, improve productivity, and build sustainable futures.
Training
GPMI offers training in green microfinance, financial literacy, business management, and personal development, helping clients gain skills, confidence, and resilience to grow their businesses and futures.
Capacity building
GPMI strengthens clients’ skills and resources through coaching, mentoring, and expert guidance, helping them improve operations, boost productivity, and build sustainable businesses.