Financial Services

MULTI-PURPOSE LOAN (MPL)

The MPL is a flexible microfinance product that can be used for growth and expansion of a microenterprise, for education, for housing, for asset acquisition, etc.

GROWTH-ORIENTED MICROENTERPRISE LOAN (GOMEL)

The GOME is an individual productive loan for the growth and expansion of the microenterprise sector. This loan is usually awarded to existing growth-oriented members who graduated under the organization’s MPL product.

AGRI-LOAN (AL)

The Agri-Loan product is an individual agriculture production loan to empower and assist income rice farming households.

MICROINSURANCE

The Microinsurance product of LIGHT MFI aims to protect its members in cases of death in their immediate family through life insurance and burial benefits. This product is an add-on service for the already existing program members of LIGHT MFI’s microfinance products.

 

CBU (CAPITAL BUILD-UP)

The Capital Build-Up product aims to lessen the financial vulnerability of the program members through giving them an opportunity to set some money aside to be used for emergency purposes, for future expansion of their current enterprise, or capital for a new business idea.