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Coop Guaranteed Loan (CGL)

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.

Vision

Vision

ALL MEMBERS ENJOY BETTER QUALITY OF LIFE
Mission

Mission

A COMMUNITY THAT ENHANCES THE ECONOMIC LIFE OF ITS MEMBERS BY PROVIDING QUALITY FINANCIAL AND OTHER SERVICES.
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