Golden Agri-Easy Loan

Product Details

This product caters small farmers to extend loan to be use as capital in

operating farming activities.

Features

  1. Loanable amount up to P150,000 maximum per borrower
  2. P30,000 per hectares; Maximum of 5 hectares
  3. Interest rate is 23% and 3% Service Charge per Annum
  4. Mode of Payment is Lump Sum. Payment can be made through over the counter
  5. Term of loan is from three (3) to six (6) months
  6. Collateral is required for SAFEKEEP if the loan amount is P50,000 and Above
  7. Co-Maker is Required
  8. With Inspection Fee
  9. If the borrower is married, his/her spouse is required to submit loan requirements and signed all loan documents signifying his/her consent.

Requirements

  1. Small Farmers – owned or tilled lands that are not more than five (5) hectares
  2. Registered or Enrolled in RSBSA / PCIC
  3. Picture of Farming (Riceland or Cornland)
  4. Barangay Agricultural Certification (BARC)
  5. List of Farm Inputs needed (Use standard template for GAEL)
  6. Proof of all income declared in Income Statement

Other loan requirements: Open a GRBP regular savings account, 2 pcs. Latest 2×2 picture, atleast 1 Valid I.D, Barangay Clearance, Cedula/CTC, Court Clearance for Borrower only

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