
EC TRICYCLE LOAN
Loan Purpose
1)Acquisition of Tricycle unit
2)Acquisition or repair of sidecar
3)Acquisition of franchise
Loan Features
Interest Rate – 1.25% per month
Loan Amount 20,000.00 – 250,000.00
Term – 1-5 years
Daily Payment (from Monday – Friday only)
With Savings Component
Loan Eligibility
ï‚§ Must be MIGS (member in good standing)
ï‚§ Must be a Filipino
ï‚§ Must be at least 18 years of age but not more than 69 years old upon loan maturity
ï‚§ Must be a tricycle driver-operator of Zamboanga City with active franchise
ï‚§ With at least 1 co-maker
Requirements
ï‚§ Completed and signed application form
ï‚§ 2 valid government issued photo ID
ï‚§ Active Franchise Certificate
ï‚§ OR and CR
ï‚§ Price Quotation
ï‚§ Bill of materials/Job order (if with repair of sidecar)

