STMC: Special Emergency Loan Promo 2 (SELP2)

Posted by: on Sep 2, 2020 in News | No Comments

 

Dear STMC Members,

We are offering a LOAN PROMO for all STMC members affected by the COVID-19 crisis.

 Special Emergency Loan Promo2 (SELP2) – to support emergency needs of the members such as food, medicine and other related expenses.

 

Requirements:

 

  • 3 months COOP member
  • Minimum Share Capital : Php2,500
  • Loan Amount :      up to 30k
  • Interest Rates :      0.5% per month straight-line basis
  • Service Fee :          no service fee
  • Loan Term :           Max of 1 year to pay
  • Subject to Co-maker policy
  • Allowed up to 2x paid-up share capital
  • Subject to 35% loanable amount
  • No offsetting of other loans except SELP

Effectivity Date:  Sept. 3 – Oct. 3, 2020 Only

 

For more information, please call STMC office at local 5707 / 5408 or send it via email to rose.endozo@stmcoop.org

 

Thank you and stay safe!

 

STMC Management