The affiliate company of Guevent Investments Development Corporation (GIDC). Lenders can choose from a variety of approved loans. The main objective is to collect payments from borrowers and distribute income among lendersVisit site
The company is registered in the city of Mandaluyong, which is located in the Philippines. Founded in 2002. It is a structural unit of Guevent Investments Development Corporation (GIDC). It is the holding of the largest companies in the Philippines. It is engaged in investment, financing, lending.
Interest Rates: 31,7% per annum
Amount of first loan: up to 10 000 PHP
Minimum loan amount: 2 000 PHP
Payment terms: From 10 days to 3 months
Approval time: 7-10 days
After a preliminary approval you will get a cash loan credited to your bank card.
– Between 20 and 65 years old
– A Filipino citizen with a valid home address in Philippines
– Currently employed or self-employed, OFW/Seafarer’s Allottee or otherwise have steady income
– Have a valid mobile phone number
– Have a valid email
– Have at leas 1 Government ID
You can increase your chances to be approved for a loan by providing:
– Latest proof of billing (Meralco, water bill, cable, internet, or PLDT bills)
– Company ID
– Latest one-month payslip
– COE, ITR, DTI
The company provides services for borrowers and lenders, combining their interests. Each party will identify certain positive qualities of this online platform.
Advantages of the platform for borrowers:
Advantages of the platform for lenders:
Borrowers can be individuals, representatives of medium and small businesses. Their creditworthiness is checked on the basis of the submitted documents. A loan requires a passport or other identity document. Based on personal data, the platform sets a credit rating. To form it, it is necessary to specify in the application:
The higher the credit rating, the lower the rate.
In order to get a loan, you should:
The investor data is registered in the same way. Be sure to confirm e-mail. Scans of documents are downloaded in your personal account.
Loan payments are made on a monthly basis. For this, a system of postdated checks is provided. Payment is carried out online through a personal account. There are no other ways to repay the loan.
FundKo company charges a minimum commission – 5% of the loan amount. Interest is levied on borrowers and lenders. There are no hidden fees. Insurance of borrowers is optional. Advance is accepted.
At the same time, the company undertakes a full credit check of the client. Provides quick transactions – consideration of the application and transfer of funds. Works with the able-bodied population, as well as with students, with representatives of the business environment. Interest rates range from 12 to 35% for individuals and from 10 to 24% for representatives of large and medium-sized businesses. Rates can be lowered if the borrower re-takes a loan on FundKo platform after successfully repaying the loan.
The minimum loan period is 3 months, the maximum is one year. Debt is written off in equal installments, monthly. Loan amounts – from 10 to 400 thousand pesos, for entrepreneurs – up to 1.5 million.
Types of loans:
The company is officially operating and has permission from the SEC Exchange and Securities Commission. Ready to assist customers in matters of lending through a phone call or via e-mail.
FundKo company works only on the Internet. However, it has an office located in the city of Mandaluen.
Full address: Guevent Building, #52 Domingo Guevara St. corner Calbayog, Brgy. Mauway, 3rd floor.
|Min. financing amount||₱1000|
|Max. financing amount||Up to ₱250000|
|Min. loan tenure||1 months|
|Max. loan tenure||3 months|
|Interest rate||2.6% - 35%|
|Approval duration||Up to 168 hours|
|TERM||1 months||2 months||3 months||4 months||3 months|
|One time setup|
|Disbursement & misc. fee||N/A|
|Early settlement||no information|
|Late payment charges||no information|
|Other penalties||no information|
You need to register on our website. Then log in with your username and password and fill out our online application. After that, attach copies of documents to the application.
If you are a new customer, you must receive a credit decision within one banking day after applying. For regular customers, you can make a loan decision faster, since most of your information has already been verified.
You will receive a system generated SMS advice on the status of application
You can get your money credited directly to your Bank account. You will be asked to enter your Bank account number in the loan application.
|Full company name||Guevent Investments Development Corporation|
|Address||Fintechnology Inc., 3rd Floor Guevent Building, #52 D.M. Guevara St. corner Calbayog St., Mandaluyong City, Philippines|
|Phone number||534-9185 (local 58)|
i recommend this company because they are courteous, respectful and their approval process is efficient and fast. The system works very fast because they have automated every part of the process.
Outstanding customer service, the representative Was courteous and knowledgeable, which made my experience worthy of recommending to others.