Eclof Philippines Services

What We Do

Microfinance is an effective tool in enabling access to finance for disadvantaged communities who may not be able to access traditional sources of finance. ECLOF provides this financial access together with a range of non-financial services such as micro insurance and capacity building, e.g. on water and sanitation, bookkeeping, financial literacy, organic farming, and civil society development through the formation of groups.

Agri Microfinance (Agri-MF)

Agri Loans/Agri-Microfinance - financing facility to those engaged in agriculture to provide food and create livelihood for every family and their immediate community. The amount lent is used for agricultural production, livestock and aqua products, and asset acquisition to support the agricultural activity.
Agri-microfinance products are as follows:

1. Agricultural Production

This credit product aims to provide financing program for farmers producing:

a) Grains – such as rice, corn, and others

b) Fruits – fruit trees including their by-products (such as coconut, cashew, mango, banana, citrus and others) and shrub fruits (such as strawberry, pineapple, watermelon, melon and others)

c) Vegetable – such as chopsuey, pinakbet vegetables and others

d) Flowers & Herbs

2. Livestock & Aqua Products

This credit product covers production and processing of by-products of:

a) Poultry – Chicken, duck and others

b) Livestock – hogs, goat and others

c) Cattle - Carabao or Cow

d) Aqua products – fish, shrimp, crab cages, seaweeds, shells and others

3. Asset Acquisition

This credit product covers:

a) Land acquisition and/or improvement for farming purposes (such as direct acquisition, titling, greenhouse, solar dryer construction and others)

b) Farm Machinery and/or equipment such as thresher, water pump, hand tractor, harvester and others

c) Vehicle for farm produce transportation

Entrepreneurial Loans/Micro Negosyo at Serbisyo (MNS)

1. Group Loan

Aims to generate micro livelihood businesses and economic productivity to clients who want to start their own businesses.

2. Individual Loan

To provide additional working capital to strengthen existing businesses or enterprises.

3. Job Generating Loan

Provide additional capital to individuals engaged in businesses that generate jobs, if not undergo strengthening and primarily needs to increase their working capital or buy fixed assets for the business.

Small & Medium Enterprise Loan(SME)

Designed to give financing facility to small and medium enterprises to support their business expansion and augment their working capital. SMEs play a vital role in the local economy in terms of employment and growth. Aside from stimulating entrepreneurship and innovation, SMEs also contribute to the expansion and diversification of markets and increase in savings rate and investment base.

Institutional Loans (IL)

Intended for churches, schools, cooperatives and non-government organizations (NGOs). It is divided into two (2) categories: General Capital Loans for Church/School infrastructure projects and Development Capital Loans for re-lending fund of Cooperatives and NGOs and for income-generating projects of schools and churches.

Client Service Loan (CSL)

Is an extended financial service facility that addresses emergency or improvement needs, including hospitalization of any family member, calamity, burial assistance, education (such as tuition fees), house repair/renovation and appliance purchase to loyal clients with excellent current EP credit history.

Non-Financial Services

I. Capacity Building and Business Development

a) Training on Basic Organic Farming – ECLOF provides training on the basic principles, technologies and concepts of organic farming.

b) Business Development, Business Planning and Institutional Building – ECLOF provides support to farmer groups in terms of strengthening their institution and building their capacities, and eventually link them to commercial market.

II. Learning Farm

a) ECLOF maintains a Learning Farm in Narra, Palawan for formal and practical training of farmers, associations and organization on organic farming.