22Nov/08179
OMB-WFI Special Lending Window
Program Title: OMB Well Family Midwife Clinic Partnerships Foundation, Inc. (OMB-WPFI) Special Lending Window
Program Objectives:
- To provide qualified Well-Family Midwife Clinics (WFMCs) access to credit for the improvement and expansion of clinics
- To give midwives opportunities to increase their income thereby providing them alternative means rather than seeking overseas employment
- To provide low-income municipalities with lower cost yet quality health and pre and post natal services
Eligible Borrowers:
- Filipino citizen;
- Legal age but not to exceed 65 years old at loan maturity;
- Registered midwife with updated PRC license; and,
- Member in good standing of WPFI for the last 6 months.
Loan Purpose:
- Construction/renovation of physical facility (excluding land development and demolition of existing structure)
- Acquisition of lot, clinic equipment, instruments, vehicle and other purposes necessary for the regular conduct of clinic business pursuant to the franchise standards of WPFI.
Terms/Requirements:
- Amount: P50,000.00 to P500.000.00
- Interest Rate: 21% per annum (diminishing balance)
- Maturity/Repayment: 6 months - 36 months
- Security: Chattel, Equipment, and/or Real Estate Mortgage
- Mode of Payment: Semi-monthly or monthly through post-dated checks
Contact Details:
Opportunity Microfinance Bank (OMB)
OMB Building, Robinsons Homes East, Commercial Arcade-1
Robinsons Homes East, Circumferential Road
Barangay San Jose, Antipolo City
OMB Trunkline No.: 630-0141
- Bert Cabarloc - local 229
- Babes Lagos - local 228
- Nante Bulaon - local 222
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