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

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