A person can acquire a loan under one is to three (1:3) ratio to savings. A minimum loan from P200.00 to P150 000.00
Payments are from a month to 84 months (equivalence of 7 years).
This loan is from P200.00 to P10 000.00, payable within a month to 12 months.
This loan is from P200.00 to P5 000.00, payable in 2 months. Payment method is through stop orders or direct deposits.
All loans shall be repaid through deductions from the member's salary, and shall not be in excess of 70% of the member's gross salary (balance of 30% of gross salary) or P500.00 whichever is less.
A member may opt to clear his/her loan at any time by offsetting the balance against his/her accumulated savings if his/her savings are greater than the loan.