SMILE

Small and Medium Investor Loan for Entrepreneurship. Business Loan, Agricultural Loan, Motorcycle loan, Car Loan, Property Loan, Housing Loan

Loan Amount

Php 10,000.00 up to Php 100, 000.00

Term

Maximum of 1 Year

Interest Rate

2% per Month (based on Diminishing Bal.)

Payment Mode

Monthly

Requirements

Tax Identification Number (TIN)
Barangay Clearance

Loan Amount

Php 10,000.00 up to Php 100, 000.00

Term

Maximum of 1 Year

Interest Rate

2% per Month (based on Diminishing Bal.)

Payment Mode

Monthly/ Quarterly

Requirements

Tax Identification Number (TIN)
Barangay Clearance

Loan Amount

Php 50,000.00 up to Php 100,000.00

Term

Maximum of 3 Years

Interest Rate

2% per Month (based on Diminishing Bal.)

Payment Mode

Monthly (based on Annuity Amortization)

Requirements

Tax Identification Number (TIN)
Barangay Clearance
Duplicate Key and Original O.R/C.R

Loan Amount

Php 500,000.00 up to Php 2,000,000.00

Term

Maximum of 5 Years

Interest Rate

1% per Month (based on Diminishing Bal.)

Payment Mode

Monthly (based on Annuity Amortization)

Requirements

At least Php 200,000.00 worth of Share Capital
Tax Identification Number (TIN)
Barangay Clearance
Tax Declaration; Transfer Certificate of Title; Original Certificate of Title
Duplicate Key and Original O.R/C.R

Loan Amount

Maximum of Php 2,000,000.00

Term

Maximum of 5 Years

Interest Rate

2% per Month (based on Diminishing Bal.) for a member who has Share Capital of below Php 200,000.00
1% per Month (based on Diminishing Bal.) for a member who has Share Capital of Php 200,000.00 and above.

Payment Mode

Monthly (based on Annuity Amortization)

Requirements

Tax Identification Number (TIN)
Barangay Clearance
Tax Declaration; Transfer Certificate of Title; Original Certificate of Title

Loan Amount

Maximum of Php 2,000,000.00

Term

Maximum of 5 Years

Interest Rate

2% per Month (based on Diminishing Bal.)

Payment Mode

Monthly (based on Annuity Amortization)

Requirements

At least Php 200,000.00 worth of Share Capital
Tax Identification Number (TIN)
Barangay Clearance
Tax Declaration; Transfer Certificate of Title; Original Certificate of Title

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