Financial Services
Our Financial Services
UPLiFT offers non-collateral loans with lower interest rates and have flexible terms, so Partners can choose the repayment schedule that works best for their business. These loans come with a savings program that aims at encouraging and strengthening the savings habit of Partners, as well as, to ensure that they have sufficient funds for future varied uses such as additional business capital.
Partners are also provided with Micro Insurance, specifically designed for low-income households, that could help their families in times of emergencies.
Loan
Provision of microloans amounting from PhP1,000 to 300,000 for the entrepreneurial poor intended for business use including but not exclusive to start-up, additional rolling capital, acquisition of assets and equipment, business expansion or business diversification. All loan contracts are inclusive of a loan capital build-up (LCBU) which is essentially a savings mobilization scheme. The LCBU primarily intended as a built-up reserve to prepare partners to be, later on, independent from credit.
GENERATING INCOME LOAN
- Amount: 1,000 to 19,000
- Monthly Interest: 2.5 %
MICRO ENTREPRENEURIAL LOAN 1
- Amount: 20,000 to 99,000
- Monthly Interest: 2.5 %
MICRO ENTREPRENEURIAL LOAN 2
- Amount: 100,000 to 300,000
- Monthly Interest: 2.0 %
Emergency Health Care Program
Emergency Health Care insurance covers the cost of an insured individual’s emergency medical expenses.
Micro Insurance
This product offers coverage to low-income households. It provides protection to individuals who have little savings and is tailored specifically for lower valued assets and compensation for illness, injury or death.