ardci ngo group incorporated

LOANS

Developed and Maintained by ARDCI MIS TEAM

ARDCI NGO GROUP INC. offers distinctive loan products for its regular and associate members. ARDCI NGO GROUP INC. intends to go through a long term and mutually beneficial relationship with its microenterprise members. ARDCI NGO GROUP INC. intensifies provision of tailored-fit design of loan products to meet members' needs with best quality and most efficient service members would expect from a MFI.

MICRO BUSINESS LOAN (MBL)

A Micro business 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. The MB ideally needs little additional technical and financial support to ensure its viability.

Loan Product	Description/Special Feature	Member
TIGER GRASS FARMER LOAN - SUGBO FARMER LOAN (SFL)	Sugbo Farmer Loan (SFL) aims to make affordable credit to SLS members presently engaged in LASA production as their mainstream economic activity. It intends to provide additional working capital for the purchase of farm implements, equipment, farm supplies including labor. Exclusive requirement: " With at least one other source of income aside from Tiger Grass Farming " Resident of the area for at least three (3) years " Must be an active member of ARDCI NGO GROUP INC. MBA or avail of the micro insurance product offered by ARDCI NGO GROUP INC. " Loan Application Supplementary Form should be accomplished	Regular
MICRO SOLO QUICK LOAN (MiSQL)	Micro Solo Quick Loan (MiSQL) is offered to those members who had graduated from group liability after a year of membership, with quality membership (QM) status. This type of loans is being provided to finance existing businesses to generate regular daily or weekly sales to augment income.	Regular
MPL	A Multipurpose Loan (MPL) is another type of loan that can be availed and be used for educational needs, house improvement, acquisition of assets and other household expenses/needs. MPL is unproductive loans which the member can opt to avail when needed	Regular
INDIVIDUAL PURE LOAN (IPL)	Individual Pure loan (IPL) aims to make affordable credit facility to help micro entrepreneurs develop and expand their businesses and self-employment opportunities. These are individuals who are to big to be serviced by microfinance institution but are too small to be serviced by any formal institution.	Associate Associate members may either be of the following: 1) Relatives and friends of regular members; 2) ARDCI NGO GROUP INC. employees; 3) Community members residing in ARDCI NGO GROUP INC. areas of operation; 4) Other individuals or organizations who advance the cause of ARDCI NGO GROUP INC. or are willing to avail of ARDCI NGO GROUP INC. services.
EMPLOYEE LOAN (EL)	Employee Loan (EL) intends to make available credit to employees designed to help reduce employee stress caused by financial obligations. It can also serve as an avenue to improve an employee's financial fitness through access to short term and affordable loans. This employee loan program is also designed to help those employees to fill the gap in their needs for additional capital to finance for existing business enterprise.