IWAHORI EDUCATIONAL LOAN

Eligibility

• Loanable Amount: Up to Php100K

• Loan Term: Up to 24 months

• Required Share capital: At least Php4,000.00

• Interest rate: 1% 

• Service charge: 3%

• Renewal period: At least 50% of loan's paid

Reminders:

• The loan officer can still allow and approve loans more than the stated maximum amount based on his/her professional judgement.

• All interest is based on diminishing balance except PETTY CASH LOAN and FARMERS LOAN

• If your requested loan amount is higher than your share capital, it will need to be evaluated to determine if a co-maker is required. A co-maker must be a MIGS (Member in Good Standing). You may ask our staff to check if your chosen co-maker qualifies .

Purpose: Tuition fees or any educational related expense.

Requirements: School Billing and other supporting documents.