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
Must be MIGS (member in good standing)
Must be a Filipino
Must be at least 18 years of age but not more than 69 years old upon loan maturity
Must be a tricycle driver-operator of Zamboanga City with active franchise
With at least 1 co-maker
Requirements
Completed and signed application form
2 valid government issued photo ID
Active Franchise Certificate
OR and CR
Price Quotation
Bill of materials/Job order (if with repair of sidecar)
