Pitaka Microenterpise Loan

up to P150,000
First Loan: 3 months and weekly payment. Succeeding loans: Negotiable, depending on payment behavior

QUALIFICATIONSMINIMUM REQUIREMENTS
21 - 60 years old upon maturityCompletely filled out loan application form
3 years home residencyPhotocopy of Business Permit (current)
Business existing for at least 1 yearBarangay Clearance
No past due account with other financial institutionPhotocopy of 1 Valid ID
Willing to open SAvings Account with RIZAL MOCROBANK2 pcs. 2x2 ID
Willing to provide a co-maker
– Have availed at least two (2) loans under PITAKA ME with an average amount of P50,000 and with excellent repayment rate.
– Cash flow capacity to avail hihger loan amount of up P300,000

 

Loan Amount (In PESO)
12 Weeks (3 Months)25 Weeks (6 Months)
50,000.00
4,824.10
2,421.14
60,000.00
5,788.92
2,905.36
70,000.00
6,753,74
3,389.59
80,000.00
7,718.55
3,873.82
90,000.00
8,683.37
4,358.05
100,000.00
9,648.19
4,842.27
110,000.00
10,613.01
5,326.50
120,000.00
11,577.83
5,810.73
130,000.00
12,542.65
6,294.96
140,000.00
13,507.47
6,779.18
150,000.00
14,472.29
7,263.41

PAALALA: Ito ay estimate lamang ng iyong magiging bayarin at maaring magbago ng walang babala. Kasama rito ang contractual savings na mahigit kumulang 10% ng principal amount.