COOP GUARANTEED LOAN (CGL)
- SPP guaranteed loan.
- Granted only 2 months prior to the scheduled date of release of the SPP.
- Statement will be countersigned by an authorized HR personnel for the amount applied prior to submission of application.
Entitlement:
Not exceeding 90% of the total amount of SPP or as advised by the authorized HR personnel.
Interest rate / term of payment
24% per annum.
payable upon the date of release of SPP.