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Commodity Loan

GUIDELINES:

 

1.  This loan is intended to assist members of their financial needs during the holiday season.

2.  Members in good standing are entitled to avail of this loan.

3.  Loanable amount  -  20% of share capital.

4.  Terms of Payment - maximum of one (1) year

5.  Interest Rate        - Ten (10%) percent

6.  Service fee            - Zero (0%) percent

7.  Requirements:

  • Latest month-end payslip
  • Net take home pay - P2,000.00

8.  Loan availability:

  • December 01 - 31 of every year
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