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

5May/09271

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

Collateral / Security:

  • Promissory Notes and Collaterals (hard)
  • Chattel Mortgage

Requirements:

  • Must have at least 2 yrs residency in the area;
  • Must have Good Moral and Social records in their community;
  • Must have willingness to join and become a co-maker in the group
  • Documents: Barangay Clearance; Co-makers; Ownership of Land or Agreement to till the Land (for Micro-Agri), Promissory Note

Contact:

Carmelita B. Bilaoen, President and Ceo
Barangay 5, San Francisco, Agusan del Sur
Phone: (085) 343-8529
Fax #: (085) 839-1445
Email: Pbc1024@yahoo.com; eabpbc@yahoo.com

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