OK Negosyo Plus

A credit facility open to Micro entrepreneurs for the purpose of:
> Enhancement of business facility.
> Acquisition of new and better merchandise or equipment.
> Additional working capital.

 

Loan Product Features

LOANABLE AMOUNT INTEREST RATE REPAYMENT METHOD TERMS COLLATERAL
Php150,001 – Php300,001 4.3%/Month Monthly, Semi-monthly, Weekly 3, 6, 9, 12 Months Php151,000 – Php300,000
Serialized/REM

 

REQUIREMENTS:
OPEN ACCOUNT
(2) Valid ID (Government Issued ID) Photocopy & Original
(4) 1×1 Picture
Php600.00 (Php500.00-ATM / Php100.00-PASSBOOK)

BORROWER
(1) Valid ID (Government Issued ID) Photocopy & Original
(2) 2×2 Picture
Brgy. Clearance
Business Permit/Mayor’s Permit/DTI Permit
Business Picture
Proof of Income (Receipt/Sales/Record)
Recent Bill (Electricity, Water, Telephone, Etc.)
Collaterals
Appliances (Serial No./Brand Name/Year Purchase/Amount of Purchase/Picture)
OR/CR or Land Tittle (For 70,000 Up)

CO-BORROWER (FAMILY/RELATIVES)
(1) Valid ID (Government Issued ID) Photocopy & Original
(2) 2×2 Picture
Proof Of Income (Payslip/ Business Permit)