Micro Loans
ARDCI offers non pre-deducted and collateral free capacity and cash flow based loans with flexible terms.
For Regular Members
Micro-Business Loan(MB)
It is a family – based production, processing, and / or marketing, trading activity aimed to generate profit, and is within the borrower’s capacity to manage successfully.
Multi-Purpose Loan (MPL)
Is basically a non – productive loan which the member can opt to avail when needed. This serves as an incentive to those borrowers who maintained their quality status. Opt to avail on the 3rd
Wash Loan
Is a loan for water, sanitation and hygiene purposes such as water connection, water filter, toilet facilities improvement, septic/water tank installation or improvement, desludging and sink/wash basins. This loan is for the members who are in their third cycle loan.
*Maximum of P25, 000 loanable amount.
| MEMBER | LOAN | AMOUNT |
| New Borrower | MB | Maximum P10,000 depending on the result of cash flow whichever is lower |
| Repeat loan borrower (2nd cycle) | MB | Loan Increment at 35% based on debt capacity analysis (CFA & CIBI); 100% ASRI; 10% CBU Savings requirement |
Repeat loan borrower (3rd cycle) | MB + MPL+WASH | Loan Increment at 35% based on debt capacity analysis (CFA & CIBI); 100% ASRI; 10% CBU Savings requirement MPL, WASH P10,000 maximum on first cycle 100% ASRI |
Up to P200, 000 maximum loanable amount based on CIBI
1.96% monthly interest rate for maximum loan term
No Service Fee and Additional Charges
For Extension Members
Extension Loan (EXT)
Is opened for spouse or common-law partner of old and new principal member.
*Up to P5, 000 maximum loanable amount
For Regular Members
Micro-Business Loan(MB)
It is a family – based production, processing, and / or marketing, trading activity aimed to generate profit, and is within the borrower’s capacity to manage successfully.
Multi-Purpose Loan (MPL)
Is basically a non – productive loan which the member can opt to avail when needed. This serves as an incentive to those borrowers who maintained their quality status. Opt to avail on the 3rd
Wash Loan
Is a loan for water, sanitation and hygiene purposes such as water connection, water filter, toilet facilities improvement, septic/water tank installation or improvement, desludging and sink/wash basins. This loan is for the members who are in their third cycle loan.
*Maximum of P25, 000 loanable amount.
| MEMBER | LOAN | AMOUNT |
| New Borrower | MB | Maximum P10,000 depending on the result of cash flow whichever is lower |
| Repeat loan borrower (2nd cycle) | MB | Loan Increment at 35% based on debt capacity analysis (CFA & CIBI); 100% ASRI; 10% CBU Savings requirement |
Repeat loan borrower (3rd cycle) | MB + MPL+WASH | Loan Increment at 35% based on debt capacity analysis (CFA & CIBI); 100% ASRI; 10% CBU Savings requirement MPL, WASH P10,000 maximum on first cycle 100% ASRI |
Up to P200, 000 maximum loanable amount based on CIBI
1.96% monthly interest rate for maximum loan term
No Service Fee and Additional Charges
For Extension Members
Extension Loan (EXT)
Is opened for spouse or common-law partner of old and new principal member.
*Up to P5, 000 maximum loanable amount