Description | Minimum Loan (in peso) | Maximum Loan (in peso) | Loan Maturity | Tenor |
---|---|---|---|---|
PL1 - start-up or additional capital for new members | 4,000.00 | 10,000.00 | 6 months | weekly |
PL2 - 2nd cycle or repeat loan group member but not beyond 99K loan amount. This is to identify 1st loan or new members | 11,000.00 | 99,000.00 | 3 months up to 12 months | weekly |
PL3 - For existing group member whose loanable amount is higher than 99K | 100,000.00 | 300,000.00 | 3 months up to 12 months | weekly |