I. Borrower Qualification
- At least 21 years old but not more than 60 years old
- With existing business for at least one (1) year.
II. Requirements
- Processing fee of P 1,000.00
- Duly filled up application form
- Business/Mayor’s permit/Brgy. Permit
- DTI
- Sales invoice/O.R./Ledger or daily logbook of sales
- Photocopy of two (2) valid IDs
- Two (2) pcs. 2×2 latest I.D. picture
- Residence certificate
- Brgy. Certificate
- Co-maker based on applied loan amount (Co-maker’s requirements are same as listed above)
- P15,000 and below (2 Co-makers)
- Above P15,000.00 up to P50,000.00 (2 Co-makers with PDC)
- Proof of billing address
III. Target Market
- Small businesses like market vendor, retail store, canteen, hair salons, bakeries, internet café, flower shops etc.
IV. Amount of Loan
- Maximum of P50,000.00 per borrower
V. Term of loan
- Minimum of one (1) month, maximum of two (2) years
VI. Interest
- 24% p.a. annuity method
