Loans Offered — Family Lifers MPC

Fixed Deposit

Regular Loan

Purpose: provident or productive use. Loan amounts from ₱2,500 up to ₱200,000, payable over 6–24 months, monthly.

Interest / month

Penalty / month

Qualifications

Minimum fixed deposit of ₱2,500.00
Attended the required Pre-Membership Education Seminar (PMES)

Availment

1st Loan — 100%
2nd Loan — up to 200% of FD

Criteria for 200% FD

40% monthly FD
40% monthly repayment
10% Ownership
10% Participation

Salary & Special

Special / Salary Loan

Interest / month

Penalty / month

Eligibility

At least 12 months as a member (MIGS); total loans not to exceed ₱200,000 ceiling
Salary loans require a resolution with MOA from the agency, designating authorized representatives

Purpose & capital

Productive use only (Special)
Providential or productive (Salary)
Fixed deposit of not less than ₱10,000
Subject to availability of funds

Amount & terms

Special loan depends on project cost
Salary loan up to 6x net take-home pay
Mode of payment: monthly

Emergency Use

Petty Cash Loan

For emergency providential use. Requires payment of the minimum FD and MIGS.

Amount

₱5,000.00 (below ₱10K Share Capital)
₱10,000.00 (with SC of ₱10K and above)

2.5%

Interest

Surcharge / month default

Term

Up to 10 months for ₱5,000.00
Up to 12 months for ₱10,000.00

Everyday Needs

Rice Loan

Available to members who have paid the minimum FD and MIGS.

Amount

Maximum of ₱2,000.00

Charges

2% service fee
0% interest if paid within one month
3% interest if it exceeds one month
2% additional surcharge for over two months

Regular Loan

Special / Salary Loan

Petty Cash Loan

Rice Loan

Regular Loan

Qualifications

Availment

Criteria for 200% FD

Special / Salary Loan

Eligibility

Purpose & capital

Amount & terms

Petty Cash Loan

Amount

Term

Rice Loan

Amount

Charges

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