InvestEd in the Philippines
InvestEd is an award-winning social enterprise led by two women-engineers, who dream of changing the game for underprivileged students. Back in college, they witnessed many of their peers drop out due to financial difficulties. They thought, how come in developing countries such as the Philippines, inclusive and sustainable student loan programs for the poor do […]
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InvestEd is an award-winning social enterprise led by two women-engineers, who dream of changing the game for underprivileged students. Back in college, they witnessed many of their peers drop out due to financial difficulties. They thought, how come in developing countries such as the Philippines, inclusive and sustainable student loan programs for the poor do not exist? It was with that curious thought that they started venturing into a business that would help underprivileged college students in a systemic scale. That is how InvestEd was born.
InvestEd empowers underprivileged and unbanked youth finish their college degree worry-free, through an investment platform for student loans. Our 2023 vision is to be the country’s leader in education financing by slashing the country’s college dropout rate by half.
Student loan for final year
Interest Rates: 2.92% per month
Minimum loan amount: 10 000 PHP
Maximum loan amount: 50 000 PHP
Start Payments: after graduation
Payment terms: Up to 48 months
Service fee 22% of your education loan or 3 000 PHP, whichever is higher
Approval time: 3- 7 banking days
Calculate loanStudent loan for pre-final year
Interest Rates: 2.25% per month
Minimum loan amount: 10 000 PHP
Maximum loan amount: 100 000 PHP
Start Payments: after graduation
Payment terms: Up to 48 months
Service fee 22% of your education loan or 3 000 PHP, whichever is higher
Approval time: 3- 7 banking days
Borrower requirements
Eligibility:
– Be a citizen of the Philippines or a resident of the Philippines
– Be at least 18 years old
– Must be in the last two years of college
– Must be enrolled in a university in the Philippines
Requirements:
– Valid and current school ID
– Copy of your NSO birth certificate
– Proof of your present address (most recent electricity/water/internet billing statement)
– A copy of ALL your grades since you were in college
– Government ID
– Barangay or NBI clearance
– Proof of enrollment for the current school term
Product Features
| Min. financing amount | ₱15000 |
| Max. financing amount | Up to ₱100000 |
| Min. loan tenure | 1 months |
| Max. loan tenure | 48 months |
| Interest rate | 2.25% - 2.93% |
| Approval duration | Up to 72 hours |
| Debt consolidation | Yes |
Example of calculating interest and loan payments
| TERM | 1 months | 2 months | 3 months | 4 months | 48 months |
| LOAN AMOUNT | ₱50000 | ₱50000 | ₱50000 | ₱50000 | ₱50000 |
| FEE | 2.25% | 2.25% | 2.25% | 2.25% | 2.25% |
| INTEREST AMOUNT | ₱94 | ₱188 | ₱281 | ₱375 | ₱4500 |
| TOTAL REPAYMENT | ₱50094 | ₱50188 | ₱50281 | ₱50375 | ₱54500 |
Fees & Charges
| One time setup | |
| Processing fee | 22% or 3 000 PHP, whichever is higher |
Other Requirements
| Need to open linked banked account? | Yes |
FAQ
You can apply via our website, it will take 15 minutes.
First, our credit officer will contact you for a 20-minute interview. Then you will need to send the necessary documents confirming:
a) location b) academic status C) state affiliation.
If your application is approved, the funds will be sent to your Bank account within 7 days.
InvestEd transfer funds in various ways:
mobile wallet, electronic payments, bank transfers.
However, if the purpose of the loan is to buy gadgets, then we will transfer the funds to your seller.
Contacts
| Full company name | InvestEd |
| Address | Unit 908 Rosemont Tower, 75 Pasay Ave, Brgy Paligsahan, Quezon City, Metro Manila |
| Phone number | |
| info@invested.ph | |
| Social networks |
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