Privilege Loan

ADDITIONAL LOAN
To extend additional credit accomodation to privileged existing members who have proven their worthiness in the cooperative.
- Max loanable amount must be equal to or less than the paid principal amount of existing Regular Loan
- Minimum loan term is 3 months, while max loan term should be co-terminus to the term of the existing Regular Loan
- Deposit counterpart should be at least 20% of the amount of loan applied
- Co-Maker requirement: 1
farmer’s assistance for side-dressing and subsistence loan
To extend additional credit to an existing member who has proven his/her credit-worthiness in the cooperative
- Max loanable amount is up to P15,000 for Class AA and A members and P7,000 for Class B and C members.
- Loan term is from 1 month to 10 months, co-terminus to the existing Agricultural Loan
- Deposit counterpart should be at least 67% of the loan amount approved
- Co-Maker requirement: None


PETTY CASH LOAN
To extend additional credit accommodation to privileged existing members who have proven their credit-worthiness in the cooperative.
- Max loanable amount ranges from P7,000 to P15,000, depending on the borrower’s membership classification
- Minimum loan term is 1 month, while max loan term is up to 10 months only
- Deposit counterpart should be at least 150% of the Petty Cash Loan amount applied
- Co-Maker requirement: None
RICE LOAN
To provide the member access to a maximum of two (2) sacks of rice through credit for personal consumption.
- Maximum loan entitlement is up to P2,500
- Max term for non-farmer members is up to 1 month only and 2 months for farmer members
- Must have at least P3,000 uncommitted Share Capital and P500 Regular Savings
- Co-Maker requirement: None
