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.

 

MEMBERLOANAMOUNT
New BorrowerMBMaximum P10,000 depending on the result of cash flow whichever is lower
Repeat loan borrower (2nd cycle)MBLoan 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.

 

MEMBERLOANAMOUNT
New BorrowerMBMaximum P10,000 depending on the result of cash flow whichever is lower
Repeat loan borrower (2nd cycle)MBLoan 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