Central Luzon Region League in the Philippines
The Central Luzon Region League of the Philippine Federation of Credit Cooperatives (PFCCO-Central Luzon) is an organization founded and established by twenty (20) primary cooperatives based in Central Luzon area. It ultimately aspires to provide proper education through seminars and trainings to all member-cooperative’s set of Directors, Officers, Committees, and Management/Staff. Likewise, aims to be […]
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The Central Luzon Region League of the Philippine Federation of Credit Cooperatives (PFCCO-Central Luzon) is an organization founded and established by twenty (20) primary cooperatives based in Central Luzon area.
It ultimately aspires to provide proper education through seminars and trainings to all member-cooperative’s set of Directors, Officers, Committees, and Management/Staff. Likewise, aims to be an instrument for uplifting the socio-economic status of member-cooperatives and its people by way of savings and loan facilities.
Name of Cooperators |
Office Addresses |
| San Jose del Monte KBK | San Jose del Monte, Bulacan |
| San Pablo Apostol MPCI | Angat, Bulacan |
| Nueva Ecija Government Employees | CCPTO – Nueva Ecija |
| Prenza Multi-Purpose Cooperative | Prenza 1, Marilao, Bulacan |
| Sapang Palay Kabalikat Credit Coop. | Sapang Palay, SJDM, Bulacan |
| San Pedro de Alcantara KBK | Taal, Bocaue, Bulacan |
| Sampol Market Vendors Credit Coop. Inc. | Sapang Palay, SJDM, Bulacan |
| Guiguinto Credit Cooperative Inc. | Guiguinto, Bulacan |
| Tikay Credit Cooperative Inc. | Tikay, Malolos, Bulacan |
| CARE Multi-Purpose Cooperative | Calumpit, Bulacan |
| San Lorenzo MPC | Balagtas, Bulacan |
| San Andres MPC | Norzagaray, Bulacan |
| Sto. Niño, Parish Credit Coop. | Meycauayan, Bulacan |
| St. Joseph Marilao Credit Coop. | Marilao, Bulacan |
| St. Martin of Tours KBP | Bocaue, Bulacan |
| Bulacan Farmers Trng Center Alumni | Malolos, Bulacan |
Credit
Regular / Share Capital loan
Account Code: CLRL-L1
Interest rates: 0.5% per month
Maximum loan amount: 150 000 PHP
SC Requirement: 10 000 PHP (minimum)
Time Deposit Requirement: 5 000 PHP (minimum)
Calculate loanSpecial / Collateralized loan
Account Code: CLRL-L2
Interest rates: 0.5% per month
Maximum loan amount: 1 000 000 PHP
SC Requirement: 100 000 PHP (minimum)
Time Deposit Requirement: 105 000 PHP (minimum)
Borrower requirements
For First-Time Borrower, maximum loanable amount is 5x of the SC contribution.
For succeeding loan applications, maximum loanable amount is 10x of the current share capital contribution, provided good repayment record has been established by the cooperative-borrower. If not, succeeding loans might be slashed/reduced.
Post-dated checks are required as security for the said loan, duly signed by the Chairperson, Treasurer, and General Manager of the cooperative-borrower.
All deposits (Time and Regular Savings) cannot be withdrawn by the cooperative-borrower, until such time that almost 75% of the total current loan is paid already.
If requested, check payment can be held for deposit for a maximum of three (3) days only. On the fourth day, said check payment will be deposited immediately unless replaced with cash on that day before bank cut-off time which is 3:00 p.m.
A grace period of three (3) days will be given to all cooperative-borrower to settle the unpaid account in order to avoid penalty. On the fourth day, full computation of interest/penalty based on remaining balance will be added to the outstanding loan upon payment.
Contacts
| Full company name | The Central Luzon Region League of the Philippine Federation of Credit Cooperatives |
| Address | Villa Tierra, Lot 8 Sumapang Matanda Malolos City Bulacan |
| Phone number | (044) 762-3889 / 0917-820-0225 |
| clrl_pfcco[at]yahoo.com.ph / info[at]pfcco-clrl.coop | |
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