3rd Floor Vensu Bldg. National Highway Brgy.

City Heights, General Santos City, 9500 Philippines

Tel/Fax: (083) 5543.3798 Email: carefoundationinc@gmail.com

INTEROFFICE MEMO

DATE : March 13, 2019 REF. NO.: CFI-GENB - BM013

TO : CFI – Branch Managers

SUBJECT : NEGOSYONG SAMAHANG PROGRAM ( Institutional Loan )

NEGOSYONG SAMAHANG PROGRAM (Institutional Loan)

Eligible Borrowers: Male or Female

This is a loan window for the community-based organizations undertaking an association’s

enterprise.
Association can avail a minimum of 101,000 and up on a collateralized basis that includes
liquidable assets like land, vehicles, buildings and other valuable items.

The association must provide PDC’s (Post-Dated Checks) as a form of payments for their loan
amortizations. Upon renewal, processing fee will be 2.5% only as our loyalty program.

At least with 3 years track record (with Audited Financial Statement)

PRODUCT FEATURES NEGOSYONG SAMAHAN LOAN

Interest Rate - 2.5% per month
- 1.5% per month ( 12 months )
Processing Fee - 2%
- 5% in 1 yr. ( 100k – 200k )
Loan Insurance Fee - Not yet applicable

Micro-Insurance Fee - Not yet applicable

Penalty - 2.5% interest charge monthly
- 1,000.00/month
Initial Loan - Approved Credit Line from 101,000.00
to 200,000.00 ( cash flow base )
Re-loan Increase - No matrix/only approve Credit Line
Documentary Stamp Tax

Documentary Requirements - Loan Application

- Business proposal
 - Promissory note
- Negosyong Samahan pictures ( Includes
Association’s business and its member )
- Business permit
- MOA / Board Resolution

Hoping for your approval regarding this matter.

Sincerely your’s,

Prepared By:

CHRISTOPHER N. ROBEJES
Branch Manager

Noted by:
JAN DAVE O. OGATIS
CFI-General Manager

Approved by:

ANDREWFER D. CORDERO
Chief Operating Officer
Cc: GM, BM,DS,DO, Acctg.& HR File