PRODUCTIVE
Requirements
- Start up or business expansion
- Duly filled-out loan application form
- Endorsement of Payroll & HR
- Eligibility for renewal - 50% paid
- Processing time: Seven (7) working days from date of receipt from the company HR
Eligibility : Regular Employee
Minimum Share Capital : Php2,000
Loan Entitlement : Php5 x share capital
Loan Ceiling : Php150,000
Interest Rates : 2.5% per month straight line basis
Service Fee : Php2% of loan amount
Maturity : 2 years
Share Capital : Php5% of loan amount