Financial program: Commercial loan, agri-business loans, multi-purpose loans and hold-out deposit loans; registered primary cooperatives who are members in good standing of the bank and individual entrepreneurs who are involved in productive endeavors and in need of financial assistance for their enterprises; P5,000 to single borrower’s unit; low interest rate; loan maturity 3 months to 1 year; payable daily, weekly, semi-monthly, monthly, quarterly, semi-annually or annually or lump sum payment.

Collateral/security: Real estate mortgage; chattel mortgage; hold-out deposits

Requirements: Barangay clearance; minimum savings deposit of P500; forced savings equivalent to 2% of the loan principal; 2pcs. 2×2 ID pictures of the applicant and the co-maker; current year mayor’s permit or business permit; current year community tax certificate; latest ITR and/or financial statements; original to certificate of title or proof of ownership of the property; insurance policy of the collateral; post-dated checks; additional pertinent documents that may be required by the manager, the credit commitee of the board of directors.

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