Loan granted based on member’s share capital and/or credit standing with the cooperative, (Equal to the Share Capital, 2x the Share Capital or 3x the Share Capital but not to exceed One Million Pesos), for productive or providential purposes.
  • Maximum Loan Term- 5 years
  • Mode of Payment- (Monthly or Quarterly)
    • Interest Rates- 13% per annum based on diminishing balance    (  9% per annum based on diminishing balance-Own money )
 
Loan granted to a member purposely to finance entrepreneurial undertakings, house construction, purchase of housing units, house repair or to purchase a car. This requires the provision of collateral as security, of which fifty percent (50%) of the appraised value of the real estate provided but not to exceed the loan ceiling of ₱2,000.000.00.
  • Maximum Term:      5 years
  • Mode of Payment:  Monthly
  • Interest Rate:          13% per annum based on diminishing balance.

Loan granted to a member who is a regular employee of a private or a government entity.

  • Loan Ceiling :                Five Hundred Thousand Pesos
  • Maximum Term :         5 years
  • Mode of Payment :        Monthly
  • Interest Rate:                  12% per annum

Loan granted to any member during unexpected events that may require the immediate availability of cash, especially in times of disaster whether natural or human infliction, death, medical needs and other similar instances.

  • Loan Ceiling:              ₱20,000.00
  • Maximum Term:         10 Months
  • Mode of Payment:       Monthly
  • Interest Rate:                12% per annum pre-deducted

Loan granted to members who are above 65 years of age.

  • Loan Ceiling             Thrice the share capital, but not exceeding ₽500,000.00
  • Maximum Term            5 years
  • Mode of Payment       monthly
  • Interest Rates             13% per annum
9% per annum (for members borrowing an amount within their share capital)

Loan granted to member in good standing who has an existing business or skills or project that may generate an income.

  • Loan Ceiling:              ₱500,000.00
  • Maximum Term:         3 Years
  • Mode of Payment:       Daily/Weekly/Monthly
  • Interest Rate:                12% (50,000 and below); 14% per annum pre-deducted (above 50,000)

Micro-finance loan granted to members engaged in agricultural ventures

  • Loan Ceiling:              ₱100,000.00
  • Maximum Term:         6 Months
  • Mode of Payment:       Lumpsum
  • Interest Rate:                6% term rate

● This facility allows the borrower to make at least three drawdowns as long as they do not exceed the five million pesos.

● Aims to finance the following:

● Acquisition of a House, house & lot, lot and condominium

● House Construction and/ or improvement of client’s house