Products

Loans

Agricultural Loans

Loans are extended for crop production, fishing and livestock raising, the purchase of production inputs, payment of labor costs, and acquisition of machineries and equipments. These are short-term or payable within 180 days, and secured by collateral. Interest is based on prevailing rates.


Commercial Loans

Commercial loans are extended to merchants who are into trading activities such as store maintenance, hardware and supply outlets, market vending, vegetable and fruit dealership, and so on. Here, the funds are usually used for revolving capital or for the purchase of equipments or vehicles.

Commercial loans are short-term and payable within a year. Interest rates are based on prevailing rates. Collateral is also required to secure the loan. Members of groups/centers under the Lima Para Sa Lahat program may take out loans under this loan type.


Industrial Loans

Industrial loans are available to manufacturers and producers, whether home-based or factory-based. The term may be short-term or medium-term or payable within five years. Interest rates are based on prevailing rates. Collateral is also required.


Other Loans

Loans can be taken out for salary, housing, personal consumption, education, and health purposes. Except for salary loans, however, all loans under this category are also required standard collaterals to secure the loans.

Microfinance

Microfinance is the heart and soul of NRBSL, the bulk of its service.

NRBSL continues to provide financial programs and varied services that support the emergence of full-time community entrepreneurs in strategic, employment-generating, and local economy-stimulating businesses. Its microfinance loan portfolio remains robust.

Lima Para sa Lahat (1 & 2)


Negosyante ng Bayan (1 & 2)

Negosyante ng Bayan (NnB) is the loan program of NRBSL for budding community entrepreneurs who are ready to become full-time entrepreneurs with a clearer growth and expansion path. NnB comes in two stages (NnB1 and NnB2). To be an NnB client meant that one is emerging from a state of livelihood-for-subsistence activities towards local economic development.

NnB clients can borrow from P30,000 up to less than P200,000. NnB 2 clients can borrow from P200,000 up to a million pesos. Advanced NnBs assisted and nurtured by NRBSL have become major builders of their respective local economies. They have spin-off businesses outside their households, have middle class lifestyles and significantly contribute to the communities where they operate.

NnBs become initiators of development of local economies through employment creation, economic value adding through linkage and network with other enterprises, tax revenues and business fees paid to local and national government and models for start-up microenterprises struggling to break away from the circle of poverty.


Business Labor and Triple Benefit Program

In this program the loan amount can go beyond P1.5 Million, and set under the following conditions:

  1. The business must remain within the locality;
  2. The workers/laborers must come from the locality; and
  3. Employees and laborers are allowed to borrow for their family members so that the latter can start their own small business.
    • Land Redemption Program
    • Rediscounting Program
    • Debt Reduction Program
    • Loan to Un-Employed College Graduates
    • Loans and Deposit Double March Agreement
    • Soft Loans to Environment-Friendly Projects

Land Redemption Program


Rediscounting Program


Debt Reduction Program


Loans to Un-Employed College Graduates


Loans and Deposit Double March Agreement


Soft Loans to Environment-Friendly Products