|
INVESTRENEUR MULTIPURPOSE COOPERATIVE
Level 1 Stall 234 Robinson’s Place Dasmariñas
Brgy. Sampaloc I Dasmariñas, Cavite
Tel. No.: (046) 852-2946 Mobile No.: 0917-5096670
As IMPC gear towards stability and soundness, risk
management is of critical importance in our business. Benchmarking both with
Cooperatives and non Cooperatives, refresher courses on credit and collection
management and gathering information from some commercial banks been used as
vehicles to come up with better loan portfolio.
Aside from the interest increase of 1.25% per
month, which shall be paid based on diminishing balance for all loan availment
beginning June 1, 2010; improvements were made on our existing loan and
collection policy.
Please be advised that all loan applications
submitted starting June 20, 2010
need to comply on the items listed below.
- Providential loan can be availed up to maximum amount equivalent to
eighty percent (80%) of paid-up capital
- Productive loan repayment period shall not exceed to three (3) years
from the release date of loan.
- Two percent (2%) of the loan granted round up to the nearest
Fifty Pesos (Php 50.00) equivalent to one (1) share is deducted from the
proceeds of the loan as additional share capital build up.
- New member can start availing a loan equivalent to eighty percent (80%)
of his/her paid-up capital only after three (3) months from date of
his/her membership
- Additional share capital and deposits shall be held by IMPC for a period
of three (3) months before it becomes part of the computation.
- IMPC Savings and time deposits use to secure a loan cannot be
withdrawn during the term of loan
- The primary requirements when availing loan of any types are :
- Must have an active IMPC Savings or
Time deposit account,
- Proof of identification - Original copy of
government acceptable identification,
- Proof of billing - Latest original
copy of utility bill, credit or bank statement,
- Post dated check equivalent to the total loan
amount.
- Latest payslip with signature and contact
number/email address of your supervisor.
- If unemployed, loan computation must be based on eighty percent (80%)
of savings or time deposits.
- Both employed and self employed is required to submit business plan
for productive loan application
- Co-borrower paid-up capital must have a one hundred percent (100%)
equivalent of the borrower’s paid-up capital.
Series of communications will follow to further
understand all of the above modifications…
Please be guided accordingly.
For inquiries, email us
at
customer_service@impc-coop.com
or call us at (046) 852-2946.
|