Financing Programs Loans and Financing Programs for Micro, Small and Medium Enterprises

6May/092

Cooperative Bank of Camarines Sur

Financial Program:

Micro-enterprise Access to Banking Services, 18 to 60 yrs old, P3,000 to P500,000, 25% Interest rate, Maturity of 2 months to 2 yrs, Payable daily, weekly, bi-monthly, monthly, quarterly

Collateral / Security:

  • REM
  • Chattel
  • Co-makers
5May/097

People’s Bank of Caraga, Inc.

Financial Program:

Agricultural Loan, Commercial, Industrial, Salary, Microfinance, 18 to 70 yrs old, P3,000 to P150,000, based on the project and ability to pay, 24% per annum for Microfinance, 28% per annum for Micro-Agri, maturity of 6 months, 1 yr up to 2 yrs at the most, payable weekly, monthly, bi-monthly upon maturity, depends if the borrower is already capable of paying