PRODUCTS

Regular Loans:

Long Term Loan (LTL)  

loanable amount is based on share capital matrix

Maximum Amount Ph200,000.00)

24 months to pay (maximum)

1.01% Interest/mo

4.0% Service Fee

4.0% Share Capital (continuous capital build-up)

Short Term Loan (STL)

Maximum of Ph25,000.00

5 months to pay

1.6% interest/mo

4.0% Service Fee/mo
4.0% Share Capital (continuous capital build-up)

Special Loans:

Recreational Loan (RNL)          

Maximum of Ph30,000.00

12 months to pay

2.0% interest/mo

4.0% Service Fee/mo
4.0% Share Capital (continuous capital build-up)

Book Loan (BL)          

Maximum of Ph15,000.00

3 months to pay

1.6% interest/mo

4.0% Service Fee/mo
4.0% Share Capital (continuous capital build-up)

Quick Loan (QL)     

Loanable amount Ph3,000.00

2 months to pay

2.0% Interest/mo

4.0% Service Fee

Birthday Loan (BDL)     

Loanable amount Ph5,000.00

2 months to pay

0% Interest

4.0% Service Fee

Emergency Loan (EL)

Loanable amount Ph10,000

6 months to pay

1% interest/mo

4% Service Fee

Health and Wellness Loan (HWL)

life and non-life insurance

12 months to pay

1.0% interest/mo

2% Service Fee

Flexible Loan (Flex)

purchase of actual products     

12 months to pay

1.0% interest/mo

4% service fee

Loan against Time Deposit (LATD)

back to back loan against Time Deposit

1.01% interest/mo

4% Service Fee

Terms depending on the  remaining months of Time Deposit

Restructured Loan (RL) 

existing loan can be restructured to help members improve their financial condition.

12 -18 months to pay

weighted ave. Interest

5% Service Fee

All LOANS WERE COMPUTED USING THE DIMINISHING BALANCE METHOD OF INTEREST