Emergency Loan Window
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Emergency Loan Window
Lending Policy:
1. Eligible borrower should be bonafide LBPEA member belonging to Region 02 & Eastern CAR.
2. Maximum loan amount of P 10,000.00.
3. Payment term is six (6) months, payable in 12-equal quincena amortization.
4. Add on interest rate of 5%, pre deducted upon release.
5. Unit governor will be in-charged in the collection of amortization and remittance to LBPEA deposit account
no. 0121-3595-88
6. One (1) borrower per unit per semester.
7. Loan application to be endorsed by the concerned Unit Governor.
8. Loan approval is the Regional Governor.
1. Eligible borrower should be bonafide LBPEA member belonging to Region 02 & Eastern CAR.
2. Maximum loan amount of P 10,000.00.
3. Payment term is six (6) months, payable in 12-equal quincena amortization.
4. Add on interest rate of 5%, pre deducted upon release.
5. Unit governor will be in-charged in the collection of amortization and remittance to LBPEA deposit account
no. 0121-3595-88
6. One (1) borrower per unit per semester.
7. Loan application to be endorsed by the concerned Unit Governor.
8. Loan approval is the Regional Governor.
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