MOA BORROWING
“Government Agency or Private Institution in need of a loan? MOA Borrowing is for you!
HOW TO APPLY:<
Qualifications:<
1.Member’s with a minimum share capital of 4,000
- For Government, Loan term shall be based on the length of services in the position.
- Based on the capacity (salary), based on term and/or maximum of 24 months, based on the employment status.”
Validation and Classification Process:<
1. Can respond to:
A. Government Partnership such as LGU and Barangay.
B. Private Institution Partnership such as company, school, hospital, and the like.
2. Can avail based on the signed and approved Memorandum of Agreement.
3. Approval is subject to 5C’s of Credit
4. Members with outstanding loan balance on any other type of loan cannot avail a MOA Borrowing loan.
Requirements:<
1. Proof of identification
>>Bring any valid
Processing Guidelines
1. Fills up Loan Application Form
2. Subject for Credit Investigation
3. Process for Approval
4. Applicants will be informed of the loan status thru call or text.
5. Applicant claims the approved loan proceeds.