Goxi MicroLoan Protection

About Goxi MicroLoan Protection

Microloans can come from several sources — often nonprofits, community organizations, online platforms, individuals, etc.
Goxi Micro Loan Protection is created with the customer of Micro Finance Bank (MFB) or other lending institutions in mind.

Our product protects the inability of customers of MFB or other lending institutions from repaying their loans following occurrences of fire, theft or disability, death, or any other circumstances beyond their control.

This product provides welfare arrangement and coverage for members of an association/union thereby lifting that burden from the association.
Our product also includes other benefits to safeguard the interest of the customer.


Why Microloan

In today’s economy, a microloan is important because it provides resources and access to capital to the financially underserved, such as those who are unable to get checking accounts, lines of credit, or loans from traditional banks.
Our Product helps to prevent customers of loan credit institutions from any risk or circumstances of payment failure.

Risk Covered

  • Fire
  • Burglary
  • Death
  • Disability

Who is the product for

  • Customers of MFB
  • Customers of Lending institutions
  • Cooperative societies

How to buy this product

  • Through the MFB
  • Through Credit Institution, etc.
  • This product can only be obtained through a lending institution.
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