| Institution Type | Credit Union / Cooperative |
| Is this institution regulated? | No |
| Website address | N/A |
| Year established | 2002 |
| Head of Institution | JOSE JULIO GUALOTUÑA LEMA |
| Regions active | |
| # Branches | 9 |
| Total Portfolio (nat'l) | USD 11,870,227.05 |
| Total Portfolio (USD) | USD 11,870,227.05 |
| Active clients with loans | 6,420 |
| Approximate % female clients | 40% - 60% |
| Approximate % urban clients | 40% - 60% |
| Network affiliations | FECOAC, Red Financiera Rural, COLAC, Financoop |
| Funders |
| Institution Type | Non-Governmental Organization |
| Is this institution regulated? | No |
| Website address | N/A |
| Year established | 1992 |
| Head of Institution | Engr. Antonio C. Sevillano, Jr. |
| Regions active | |
| # Branches | 24 |
| Total Portfolio (nat'l) | PhP 124,052,263 |
| Total Portfolio (USD) | USD 2,967,757.49 |
| Active clients with loans | 29,836 |
| Approximate % female clients | 80% - 100% |
| Approximate % urban clients | 20% - 40% |
| Network affiliations | Microfinance Council of the Philippines (MCPI), Mindanao Microfinance Council (MMC) |
| Funders | Bank of the Philippine Islands (BPI), Development Bank of the Philippines (DBP), Landbank of the Philippines (LBP), Small Business Corporation (SBC) |
| Product Name | Loan Size Range | Loan Term (months) | % Female | % Urban | Loan Purpose | Eligibility | Other Services | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Microluz | USD 1,500 - 10,000 | 1 - 24 | 40% - 60% | 40% - 60% | Business, Capital de tyrabajo, compra de activos, pago de de, Actividades inherentes al negocio | Women, Men, Have business, existencia minima del negocio de un año | Credit Ins | |||||||
| Oportuno | USD 350 - 1,500 | 1 - 12 | 40% - 60% | 20% - 40% | Any Purpose | Women, Men, Have business | Credit Ins | |||||||
| Quirofario | USD 500 - 20,000 | 1 - 72 | 40% - 60% | 40% - 60% | Any Purpose | Women, Men, Salaried worker, propietario de casa si el monto es superior a $5,000 | Credit Ins |
| Product Name | Loan Size Range | Loan Term (months) | % Female | % Urban | Loan Purpose | Eligibility | Other Services | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Agricultural Loan | PHP 20,000 - 60,000 | 6 - 12 | 80% - 100% | 0% - 20% | Business, Agriculture | Women, Men, Have business, Have home or land | Credit Educ, Group Mtgs, Credit Ins, Tech Asst Visits, Business Training | |||||||
| Regular Loan | PHP 3,000 - 130,000 | 6 | 80% - 100% | 20% - 40% | Business | Women, Men, Have business, Have home or land, Salaried worker, Specific age group | Credit Educ, Group Mtgs, Credit Ins, Tech Asst Visits, Business Training |
| Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Microluz | 19.0%-25.0% annual, Decl Bal | 1 Fee | 0 Ins | None | 10.0% upfront | 20.3% - 25.3% | 22.8% - 28.4% | 77 | ||||||||
| Oportuno | 22.5%-26.0% annual, Decl Bal | 0 Fees | 2 Ins | None | 10.0% upfront | 24.3% - 24.7% | 27.2% - 27.6% | 82 | ||||||||
| Quirofario | 13.6%-13.8% annual, Decl Bal | 0 Fees | 1 Ins | None | 10.0% upfront | 13.9% - 14% | 15.7% - 15.9% | 86 |
| Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Agricultural Loan | 20.0% annual, Flat | 2 Fees | 2 Ins | None | 30.0% upfront 30.00% ongoing | 56.6% | 111.6% - 113.9% | 18 | ||||||||
| Regular Loan | 20.0% annual, Flat | 2 Fees | 1 Ins | None | 30.0% upfront 50.00 ongoing | 78.4% - 101.5% | 82% - 163.7% | 18 |
| Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Microluz | 19.0%-25.0% annual, Decl Bal | 1 Fee | 0 Ins Ins | None | 10.0% upfront | 20.3% - 25.3% | 22.8% - 28.4% | 77 | ||||||||
| Oportuno | 22.5%-26.0% annual, Decl Bal | 0 Fees | 2 Ins Ins | None | 10.0% upfront | 24.3% - 24.7% | 27.2% - 27.6% | 82 | ||||||||
| Quirofario | 13.6%-13.8% annual, Decl Bal | 0 Fees | 1 Ins Ins | None | 10.0% upfront | 13.9% - 14% | 15.7% - 15.9% | 86 |
| Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Agricultural Loan | 20.0% annual, Flat | 2 Fees | 2 Ins Ins | None | 30.0% upfront 30.00% ongoing | 56.6% | 111.6% - 113.9% | 18 | ||||||||
| Regular Loan | 20.0% annual, Flat | 2 Fees | 1 Ins Ins | None | 30.0% upfront 50.00 ongoing | 78.4% - 101.5% | 82% - 163.7% | 18 |
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