Rural Bank of Barili (Cebu), Inc. with its Head Office located at Corner H. Alquizola and C. Alquizola Streets, Poblacion, Barili, Cebu was organized on September 21, 1970 by Mr. Teotimo A. Abellana and officially started its operation on March 8, 1971.Visit site
Mr. Teotimo Carlos P. Abellana Jr. Position: President and Chairman
|Min. financing amount||₱ 100000|
|Max.financing amount||₱ 1000000|
|Min. loan tenure||3 months|
|Max. loan tenure||24 months|
The longest loan period is 10 years.Send an application
Since this type of loan is associated with large amounts of money and a large volume of documents, the term for making a decision by the Bank depends on two stages of verification. First, the Bank will check your solvency, this stage takes no more than 5 working days on average. Then the Bank will need to check the documents for the land or property you are buying, as well as make an assessment of it.Send an application
There is no single solution. If you need the lowest monthly payment, then take loan for the maximum possible period. If you are not sure that you will have a consistently high income, then take as little time as possible.Send an application
This type of credit can be used by farmers and fishermen, micro and aqua- and – agri projects of local government units.
• Peoples Organizations
• Farmers Organizations
• Agrarian Reform Beneficiaries Organizations
• Other Conduits such as Co-ops, Rural Banks and NGOs
Document requirements may vary depending on the Bank, but this list usually includes:
1. A copy of the certificate of registration, cooperation / registration statutes and statutes / regulations (for and for submission by the communication Service);)
2. Farm plan and budget (if applicable)
3. Business plan (if applicable)
Usually the term is from 1 year to 5 years .
Do I need to provide a loan for collateral?
There are different options for loans, both with and without collateral.
You may be able to get a soft loan for programs:
– Fund for improving the competitiveness of agriculture (ACEF)
– Program for financing agriculture and fisheries
– or others .
In this case, no collateral will be required and interest rates will be low.
|Full company name||Rural Bank of Barili (Cebu), Inc.|
|Address||Corner H. Alquizola and C. Alquizola Streets, 6036 Poblacion, Barili, Cebu|
|Phone number||+63 (032) 470 9888; (032) 470-9080; 470-9220|
Rural Bank of Barili (Cebu), Inc. with its Head Office located at Corner H. Alquizola and C. Alquizola Streets, Poblacion, Barili, Cebu was organized on September 21, 1970 by Mr. Teotimo A. Abellana and officially started its operation on March 8, 1971.