This refers to the amortized cost of loans granted to borrowers who are not beneficiaries of agrarian reform to finance activities relating to agriculture and processing, marketing, storage and distribution of products resulting from these activities.
Loanable Amount : Based on capacity to pay and Loanable Value of collateral
Term : 90, 180, 270, 365 days(lumpsum) 1-5 years (amortization) subject to Management approval for longer term
Interest rate : as low as 9%
Collateral : Real Estate
Loanable
Amount:Based on capacity to pay and Loanable Value of collateral
Term
90, 180, 270, 365 days(lumpsum) 1-5 years (amortization) subject to Management approval for longer term
Interest rate
as low as 9%
Collateral
Real Estate
Qualifications
• At least 21 years old but not exceeding 70 years old at the end of the loan term
• Minimum gross family income of ₱50,000/month or its equivalent in foreign currency
• With stable source of income from employment or business
• Locally Employed: at least 2 years with current company
• Self-Employed: at least 2 consecutive profitable years of operation
•Employed Abroad: 2-3 years consecutive employment. Assignment of Beneficiary as Loan Administrator if not in the Philippines at the time of application