Financing Programs Loans and Financing Programs for Micro, Small and Medium Enterprises

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