Volountary Savings can be withrawn any time, but will require a minimum balance of Php 100.0
2. Compulsory Savings
Interest Rate: 2.5% per Anum, computed quarterly
Compulsory Savings account are used as equity for loans. It is non withdrawable until the borrower chooses to stop his/her
partnership with BBFI. In most cases, it is applied as payment for the borrower's loan.
3. Progressive Savings
Progressive savings accounts are those used to save for specific occasions that need advance monetary preparation.
This usually includes savings for birthdays, Christmas, weddings, baptisms, or other occasions.
4. Kiddie Savings
Kiddie savings are the best way to teach kids and teens the value and habit of saving money. This account is open
to those aged 2 weeks to 17 years.
5. Kalambuan Savings
Interest Rate: 2.75 to 7% per anum
Kalambuan savings are the equivalent of time deposit accounts.
1. Backyard Broiler Production
This service is offered to existing backyard broiler growers who are mainly small and/or landless farmers.
Loan proceeds are intended for housing repair and expansion. Interest rate is 2.5% per month with a maximum
of Php 20,000.00 per grower, payable within one year on a quarterly basis.
2. Small business loan
This loan caters to all business entrepreneurs and market vendors. Payment may be done daily, weekly, bimonthly,
3. Regular loan
This loan caters to a more diverse set of people, including employees, drivers, skilled laborers, and pensioners.
OUR CORE VALUES
BMKC is committed to the following shared core values with KPMFI, GMPI, GMAV & BBFI:
1. We Value Historicity
We know and we are proud to claim that we are sons and daughters of Balay Mindanaw.
We know that our mission is a natural evolution of our work in Balay Mindanaw to continually
build towards our Vision of Equity, Development and Peace.
We remember how our founding fathers/mothers toiled hard make our organization sustainable and
continually relevant to the call of the times.
2. We are Passionately Entrepreneurial
We continually ask: “how can we provide services that are low in cost but high in value?”
We strive hard to teach the value of entrepreneurship to our clients while we also teach ourselves and our
We fully believe that entrepreneurship in one of the best tools to end poverty.
3. We Are a Leading Organization
We believe that our intentions are good. Therefore, we strive to do our best in the things we
believe passionately in.
We believe in introducing innovations to change the rules of the game if we believe that these
rules are unjust and favors only a few.
As we lead, we focus on problem solving and avoid problem passing.
We will strive hard to offer solutions to problems that are considered difficult to solve
4. We are Happy and Celebratory Organization
We believe that the happier we are, the more productive we become as volunteers.
We value celebration, either of successes or of failures, as a way of commemorating our struggles in
reaching for our vision and mission
We provide spaces for ourselves and our clients to celebrate important milestones, both victories and failures,
to keep us grounded and guided by our historical evolution.
5. We Break Traditions
Apart from being innovators, we choose to break accepted norms that we think are past their
relevance and have been supporting the unjust status quo.
We introduce countercultures that we feel and think will level the playing field for the poor.
In this way, we revolutionize how we feel, look, and act on things
6. We have the Heart of Volunteers
We consider ourselves volunteers not just because we are working in non-profit, non-government organizations.
Before employment, all of us have had the opportunity to volunteer in Mindanawon communities.
We believe that the spirit of volunteerism drives us to be more efficient, effective, and productive
in all of the challenges that we have to face.
We believe that providing our communities with quality services is far more important than any monetary gain.
7. We are Spiritual
We believe that having the heart and culture of volunteerism makes us spiritually grounded in our
daily encounters with challenges and difficulties.