BPI Direct BanKo reaches out to micro entrepreneurs in Dumaguete

Dumaguete City, Negros Oriental—The City of Gentle People welcomes the presence of BPI Direct BanKo, Inc.—more popularly known as BanKo—as the microfinance bank opens more branches in the Negros Island Region.

With the goal of empowering self-employed micro entrepreneurs (SEMEs) grow and advance their businesses, BanKo opened branches in the cities of Dumaguete, Tanjay, Bayawan and Guihulngan.

Known for its many tourist attractions, such as the Apo Island and Mt. Kanlaon, and a considerable university population due to the presence of four universities and several colleges, Negros Oriental is also a nesting ground for many small businesses. The Department of Trade and Industry recently started its roll-out of mentoring program for the Micro, Small, and Medium Enterprises (MSMEs) in Negros Oriental.

“We want to be able to serve these SEMEs with our easy and affordable loan products, so they can get more out of their hard work” said Rodolfo Mabiasen, BanKo Head of Loans. “This may be a city of gentle people, but we see how aggressive the SEMEs can be in growing their businesses.” 

With BanKo in these key areas, SEMEs can easily avail of the BanKo NegosyoKo Loan, a cash loan product that gives them additional capital to help expand their businesses.

BanKo’s street-smart financial advisers, called BanKoPares and BanKoMares will provide guidance on how SEMEs can manage their finances, and help them process the requirements for the loan. SEMEs can apply for loans from as low as Php 25,000, for working capital and minor business expansion, to Php 300,000 for major business expansion.