FAQ
Most frequent questions and answers
You just need to fill up the Online Loan Application Form and wait for the confirmation call from the nearest branch in your area.
- Barangay Clearance or Barangay Certificate
- Attend the Membership Orientation Group Credit Training (GCT)
- 6 pieces each of recent 1×1 ID sized pictures. (Applicant & Comaker)
- Complete and sign the membership contract form.
A. Basis of Loan Approval for New Clients
- 1. Existence of income generating project (IGP) or small
enterprise. - 2. Debt Repayment Capacity is within allowed limits.
B. Basis of Loan Approval for Existing Clients
- 1. Client must have invested the previous loan on the
approved IGP or small enterprise or used the loan proceeds
as indicated in the Loan Application Form. - 2. Client must score a satisfactory rating on RIA (Repayment,
Inventory, Attitude) - 3. Debt Repayment Capacity is within allowed limits.
Membership in a Center may be terminated for any the
following reasons:
- When a client willingly leaves the community;
- In the event of a client’s death;
- In case of mental insanity or poor health of a client;
- When a client engages in anti-organization or anti
group activities; - When a Center unanimously adopts a resolution to
terminate a client; - When a client transfers to another center; and
- When the BM, for justifiable reasons, expels a client from
the Center.
For other concern of queries just contact our Client Support Number 0962-955-2656.
We are happy to serve you!