The Power of Women

Who says that woman cannot survive without a man?

Not anymore for BCS SCWE women... Women got it all from SCWE.

The guts...

The knowledge...

The strength...

And the Power...

These women undergo training on how to handle their money and establish their own livelihood.

See now the difference.

Go girls!

Savings and Credit With Education (SCWE)

This is a microfinance program for women. Savings and Credit with Education (SCWE) is a type of program that observes the guarantee system.

First, a group of five to seven women must organize themselves. This group should again form a bigger group.

BCS grants loan to these women as a solidarity group. The SCWE members pay for sixteen (16) weeks or four (4)months.

For now, BCS is encouraging SCWE members to invest their capital to BCS in order to be a regular member of BCS.

Vendor's Loan and Savings Program (VLSP)

This is a microfinance program which is intended to provide working capital for store owners, market vendors, and small entrepreneurs.

Loanable amount is P 1, 000.00 to P 50, 000.00, payable in 60 days (2 months) at the interest rate of 5% every month. This is the type of loan called "arawan" which is for the purpose of establishing income generating projects (at least daily income projects).

Member saves a uniform amount daily for sixty (60) days: (Loan amount X 120%) /60 days. For instance, loan amount is P 1, 000.00, the daily savings is P 20.00.

At the end of 60 days, the amount of loan plus interest will be offset against savings. So, in a loan of P 1, 000.00, the net savings after 60 days is P 100.00.

Member may withdraw 25% of his/her Savings at the end of 60 day cycle. Member should have P 300.00 maintaining balance. Loan may be renewed after the cycle with no service fee.

Apply now!