Loans Services

In line with the new strategic directions and business diversification plans of SGSMPC, the Company is offering Loan Services.

Terms and Conditions

  • The applicant must be a member of SGS-MPC.
  • The member must have a sub-share not less than Php 4,000.
  • Computed salary must not be less than Php 2,000 after the deduction of loan
  • Loan application of members with two pending loans will be denied.
  • With no record of violating any provisions and policies set by the Cooperative, Cooperative Development Authority and Board of Directors.

Services offered

Requirements

> Receipt of the items bought. Image of the house to be renovated or repaired.

Loan Ceiling

> PhP 1,000 up to PhP 20,000

Interest

> 3.00% per month

Service Fee

> 4.0% of principal

Term of Payment

> Maximum of 6 months

Requirements

> Latest or last month's payslip, Company ID or Government ID with 3 signatures and Cooperative Loan Promissory Note.

Loan Ceiling

> PhP 500 up to PhP 15,000

Interest

> 3.00% per month

Service Fee

> 4.0% of principal

Term of Payment

> Maximum of 8 months

Requirements

> List of Business Requirements

Loan Ceiling

> 3x of present savings (max. of PhP50,000 only)

Interest

> 3.00% per month

Service Fee

> 4.0% of principal

Term of Payment

> Maximum of 2 years

Requirements

> Copy of medical prescription or medical certificate dated not exceeding one week after teh confinement or check-up.

> *death certificate

Loan Ceiling

> PhP 500 up to PhP 10,000

Interest

> 3.00% per month

Service Fee

> No service fee

Term of Payment

> Maximum of 4 months

Requirements

> receipt of the appliances bought

Loan Ceiling

> based on the appliances bought (max of PhP 15,000)

Interest

> 3.00% per month

Service Fee

> 4.00% of principal

Term of Payment

> Maximum of 1 year

Established Offices

  • Purok 1, Brgy. Milagrosa, Calamba, Laguna
    #2211 P. Binay St. Barangay Bangkal, Makati City
    Door 2-F, 2F, Pacific Square, Mabolo Cebu City
  • +632-8891649 | +632-8453029
    0917-8041906

Philippine Cooperative Development

CDA REGISTRATION NO. : LGA-6443


Dun & Bradstreet Philippines, Inc.

D U N S ® NO. : 72-265-9505

Department of Labor and Employment

DOLE REGISTRATION NO. : ROIVA-LPO-DO174-0818-079

Bureau of Internal Revenue

TIN Number : 241-024-754-000