PROVIDENTIAL LOAN
Christmas Loan
Christmas Loan
The Christmas Loan product is offered to Members In Good Standing (MIGS). It is intended for members who are in need of additional funds for his/ her business during Christmas season.
Loanable Amount
Php 5,000.00 to Php 50,000.00
Terms of Payment
Php 10,000 and below – Payable in 3 mos.
Php 10,001 to Php 50,000 – Payable in 6 mos.
Interest Rate (Per Annum)
1% per month in periodic/diminishing computation